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Midea Group Co. Ltd. Class H ( (HK:0300) ) just unveiled an announcement.
Midea Group Co., Ltd. announced the successful convening and resolution passing of its 2025 first extraordinary general meeting (EGM), where shareholders voted overwhelmingly in favor of repurchasing and canceling certain restricted shares under the company’s 2021, 2022, and 2023 Restricted Share Incentive Schemes. This decision reflects the company’s ongoing commitment to optimizing its capital structure and enhancing shareholder value, indicating a strategic move to strengthen its market position and financial performance.
More about Midea Group Co. Ltd. Class H
Midea Group Co., Ltd. is a leading Chinese multinational corporation, primarily engaged in the production of consumer appliances, HVAC systems, robotics, and industrial automation systems. Operating in a highly competitive market, the company focuses on providing innovative and efficient products to a global customer base.
YTD Price Performance: -0.66%
Average Trading Volume: 4,854,858
Current Market Cap: HK$646B
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