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Weichai Power Co ( (HK:2338) ) has issued an update.
Weichai Power Co., Ltd. announced an adjustment to the repurchase price of its A Shares under the A Share Repurchase Plan, reducing the price cap from RMB23.22 to RMB22.86 following the company’s 2025 interim profit distribution. This adjustment reflects the company’s ongoing financial strategies and market responsiveness, impacting its shareholders and potential investors by aligning the repurchase plan with current market conditions and profit distribution outcomes.
The most recent analyst rating on (HK:2338) stock is a Buy with a HK$22.80 price target. To see the full list of analyst forecasts on Weichai Power Co stock, see the HK:2338 Stock Forecast page.
More about Weichai Power Co
Weichai Power Co., Ltd. is a leading company in the People’s Republic of China, primarily engaged in the manufacturing and distribution of engines, powertrains, and related components. The company focuses on the automotive and industrial sectors, providing products that cater to a wide range of market needs.
Average Trading Volume: 11,447,301
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$138.2B
For an in-depth examination of 2338 stock, go to TipRanks’ Overview page.