Chanjet Information Technology Co., Ltd. Class H ( (HK:1588) ) has provided an update.
Chanjet Information Technology Co., Ltd. has announced a special resolution for the H Shareholders’ Class Meeting scheduled for May 2025. The resolution seeks approval for the Board to repurchase up to 10% of the H Shares in issue, excluding treasury shares. This move is aimed at enhancing shareholder value and optimizing the company’s capital structure, with potential implications for market perception and investor confidence.
More about Chanjet Information Technology Co., Ltd. Class H
Chanjet Information Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on the technology industry. It is listed on the Hong Kong Stock Exchange and offers products and services related to information technology.
YTD Price Performance: 14.86%
Average Trading Volume: 111,354
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.04B
See more data about 1588 stock on TipRanks’ Stock Analysis page.