tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Zijin Mining Adjusts Share Option Exercise Price Following Profit Distributions

Story Highlights
Zijin Mining Adjusts Share Option Exercise Price Following Profit Distributions

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.

Zijin Mining Group Co ( (HK:2899) ) has shared an announcement.

Zijin Mining Group Co. has announced an adjustment to the exercise price under its 2023 Share Option Incentive Scheme. Following the implementation of profit distributions for A Shares, the exercise price has been adjusted to RMB11.15 per A Share. This adjustment reflects the company’s adherence to regulatory requirements and aims to align the exercise price with recent profit distributions, potentially impacting shareholder value and the attractiveness of the incentive scheme.

The most recent analyst rating on (HK:2899) stock is a Buy with a HK$41.80 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.

More about Zijin Mining Group Co

Average Trading Volume: 69,152,253

Technical Sentiment Signal: Buy

Current Market Cap: HK$878.8B

Learn more about 2899 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