China Railway Group to Repurchase Restricted Shares

China Railway Group (HK:0390) has released an update.

China Railway Group Limited has announced the repurchase and cancellation of 1,380,123 restricted shares under its 2021 Restricted Share Incentive Scheme. The move follows disqualifications and organizational changes affecting several participants of the scheme. The shares will be repurchased at RMB2.944 per share, adhering to the company’s internal policies and regulations.

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