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Yankuang Energy Group Company Limited Class H ( (HK:1171) ) has issued an announcement.
Yankuang Energy Group Company Limited has announced plans to repurchase its A and H shares through centralized price bidding on the Shanghai and Hong Kong Stock Exchanges. This strategic move aims to stabilize capital markets, optimize the company’s shareholding structure, and enhance long-term value for investors. The repurchase plan, approved by the board of directors, involves a total fund allocation between RMB 200 million and RMB 500 million, with the repurchased shares intended for treasury and capital reduction purposes.
The most recent analyst rating on (HK:1171) stock is a Hold with a HK$10.00 price target. To see the full list of analyst forecasts on Yankuang Energy Group Company Limited Class H stock, see the HK:1171 Stock Forecast page.
More about Yankuang Energy Group Company Limited Class H
Average Trading Volume: 44,101,090
Technical Sentiment Signal: Buy
Current Market Cap: HK$121.3B
See more data about 1171 stock on TipRanks’ Stock Analysis page.