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Orient Securities Announces Proposed Share Repurchase Plan

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Orient Securities Announces Proposed Share Repurchase Plan

The latest announcement is out from Orient Securities Co., Ltd. Class H ( (HK:3958) ).

Orient Securities Co., Ltd. has announced a proposed repurchase of its RMB-denominated ordinary shares, aiming to protect company value and shareholder interests. The repurchase, valued between RMB250 million and RMB500 million, will be executed through centralized auction transactions, using the company’s own funds. The plan is subject to regulatory approvals and may change upon final consideration.

More about Orient Securities Co., Ltd. Class H

Orient Securities Co., Ltd. Class H is a joint stock company incorporated in the People’s Republic of China, operating under the Chinese corporate name ‘東方證券’ and known as ‘DFZQ’ in English. The company is involved in the financial services industry, focusing on securities and capital market operations.

YTD Price Performance: -14.06%

Average Trading Volume: 73

Technical Sentiment Signal: Strong Sell

Current Market Cap: €9.33B

See more data about 3958 stock on TipRanks’ Stock Analysis page.

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