Shandong Chenming Paper Holdings Co., Ltd. Class H (HK:1812) has released an update.
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Shandong Chenming Paper Holdings has successfully completed the repurchase and cancellation of 15.357 million restricted shares, following unmet unlocking conditions in its 2020 Incentive Scheme. This move adjusts the company’s total share count to 2.941 billion, maintaining financial stability and shareholder value. The company assures that the shareholding structure remains compliant with listing requirements and aims to continue delivering value to its shareholders.
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