Angang Steel Co (HK:0347) has released an update.
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Angang Steel Co. has announced the completion of a share repurchase and cancellation initiative involving 450,666 Restricted A shares. This action comes after certain incentive participants were disqualified due to job relocations, retirements, and one becoming an independent director. The objective of this move was to adhere to the company’s Restricted Share Incentive Scheme provisions.
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