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Tsingtao Brewery Co ( (HK:0168) ) just unveiled an update.
Tsingtao Brewery Company Limited announced the repurchase and cancellation of 1,667 Restricted A Shares due to a participant’s resignation, as part of its Restricted A Shares Incentive Plan. This move reflects the company’s adherence to its incentive plan’s provisions and will result in a slight adjustment to its shareholding structure, with no shares remaining under selling restrictions after the cancellation.
The most recent analyst rating on (HK:0168) stock is a Buy with a HK$58.00 price target. To see the full list of analyst forecasts on Tsingtao Brewery Co stock, see the HK:0168 Stock Forecast page.
More about Tsingtao Brewery Co
Tsingtao Brewery Company Limited is a Sino-foreign joint stock limited company based in the People’s Republic of China. It operates in the brewing industry, focusing on the production and distribution of beer. The company is listed on the Hong Kong Stock Exchange and is known for its flagship product, Tsingtao Beer, which is a popular brand both domestically and internationally.
YTD Price Performance: -3.37%
Average Trading Volume: 4,211,969
Technical Sentiment Signal: Buy
Current Market Cap: HK$83.66B
See more data about 0168 stock on TipRanks’ Stock Analysis page.