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Midea Group Announces 2024 AGM with Key Resolutions on Shareholder Returns and Share Repurchase

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Midea Group Co. Ltd. Class H ( (HK:0300) ) just unveiled an update.

Midea Group Co., Ltd. has announced its 2024 Annual General Meeting scheduled for May 30, 2025, where several key resolutions will be considered. These include approving the work report, final accounts, and annual report of 2024, as well as special resolutions on profit distribution, a three-year shareholders’ return plan, and a mandate for the repurchase of shares. The repurchase plan aims to safeguard the company’s value and shareholders’ interests, with the potential to repurchase up to 10% of issued H Shares.

More about Midea Group Co. Ltd. Class H

Midea Group Co., Ltd. is a leading company in the home appliance industry, primarily focusing on manufacturing and distributing a wide range of consumer electronics and appliances. The company is based in the People’s Republic of China and is known for its innovative solutions and strong market presence.

Average Trading Volume: 7,824,820

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$601B

See more data about 0300 stock on TipRanks’ Stock Analysis page.

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