Huatai Securities Adjusts Share Repurchase Price

Huatai Securities Co (HK:6886) has released an update.

Huatai Securities Co. has announced an adjustment to the repurchase price of its Restricted A Shares following the completion of its 2023 profit distribution plan. The new repurchase price is set at RMB7.37 per share, which factors in a cash dividend distribution and aims to align with the company’s share incentive scheme. The adjustment, approved by both the Board and the Supervisory Committee, is not expected to have any material impact on the company’s financial position.

For further insights into HK:6886 stock, check out TipRanks’ Stock Analysis page.