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Shanghai REFIRE Group Ltd. Class H ( (HK:2570) ) just unveiled an announcement.
Shanghai REFIRE Group Limited has announced the convening of its 2025 fourth extraordinary general meeting to discuss and potentially approve a special resolution granting the board a mandate to repurchase H Shares. This decision allows the company to buy back up to 10% of its H Shares, excluding treasury shares, aligning with market conditions and company needs. The move could impact the company’s share value and market positioning, offering flexibility in managing its capital structure and potentially benefiting shareholders.
The most recent analyst rating on (HK:2570) stock is a Hold with a HK$160.00 price target. To see the full list of analyst forecasts on Shanghai REFIRE Group Ltd. Class H stock, see the HK:2570 Stock Forecast page.
More about Shanghai REFIRE Group Ltd. Class H
Average Trading Volume: 58,883
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$12.12B
For detailed information about 2570 stock, go to TipRanks’ Stock Analysis page.