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Aluminum of China ( (HK:2600) ) has provided an update.
Aluminum Corporation of China Limited announced the repurchase and cancellation of 866,831 restricted shares from participants who have retired, resigned, or ended their association with the company. This move, part of the company’s 2021 Restricted Share Incentive Scheme, aims to adjust equity holdings due to changes in participant status, and is set to complete by January 2025, impacting the company’s equity structure and share distribution.
More about Aluminum of China
Aluminum Corporation of China Limited is a key player in the aluminum industry, primarily focusing on the production and distribution of aluminum products. It operates within a significant market, addressing the needs of various stakeholders in the metals sector.
YTD Price Performance: 15.51%
Average Trading Volume: 13,736
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $16.49B
See more insights into 2600 stock on TipRanks’ Stock Analysis page.
