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Logory Logistics Technology Announces Shareholders’ Meeting for Share Repurchase Mandate

Story Highlights
  • Logory Logistics plans a meeting to approve a mandate for repurchasing up to 10% of H Shares.
  • Proposed amendments to the Articles of Association will be considered to align governance with strategy.
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Logory Logistics Technology Announces Shareholders’ Meeting for Share Repurchase Mandate

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Logory Logistics Technology Co. Ltd. Class H ( (HK:2482) ) has provided an announcement.

Logory Logistics Technology Co., Ltd. has announced a domestic shareholders’ class meeting to be held on June 10, 2025, to discuss and potentially approve a general mandate for the Board to repurchase up to 10% of the company’s H Shares. This move is aimed at optimizing the company’s capital structure and enhancing shareholder value. Additionally, proposed amendments to the Articles of Association will be considered, reflecting the company’s commitment to aligning its governance framework with strategic objectives.

More about Logory Logistics Technology Co. Ltd. Class H

Logory Logistics Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the logistics technology sector. The company focuses on providing advanced logistics solutions and services, catering to the needs of various stakeholders in the logistics industry.

YTD Price Performance: 106.41%

Average Trading Volume: 15,450

Technical Sentiment Signal: Strong Sell

For an in-depth examination of 2482 stock, go to TipRanks’ Stock Analysis page.

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