tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Midea Group Concludes EGM with All Resolutions Passed

Story Highlights
Midea Group Concludes EGM with All Resolutions Passed

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Midea Group Co. Ltd. Class H ( (HK:0300) ) is now available.

Midea Group Co., Ltd. announced the successful conclusion of its 2025 second extraordinary general meeting (EGM) where all proposed resolutions were passed. The key resolutions included the repurchase and cancellation of certain restricted shares under the 2021, 2022, and 2023 Restricted Share Incentive Schemes. This move is part of the company’s strategy to manage its share capital effectively and could potentially enhance shareholder value. The resolutions received overwhelming support from shareholders, indicating strong confidence in the company’s strategic direction.

The most recent analyst rating on (HK:0300) stock is a Buy with a HK$101.00 price target. To see the full list of analyst forecasts on Midea Group Co. Ltd. Class H stock, see the HK:0300 Stock Forecast page.

More about Midea Group Co. Ltd. Class H

Midea Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates in the home appliance industry, focusing on the production and distribution of a wide range of household appliances, including air conditioners, refrigerators, washing machines, and kitchen appliances. The company is listed on the Hong Kong Stock Exchange and has a significant market presence in both domestic and international markets.

Average Trading Volume: 4,321,810

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$608.5B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1