Zhuzhou CRRC Times Electric Co (HK:3898) has released an update.
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Zhuzhou CRRC Times Electric Co. has announced the cancellation of 4,887,300 repurchased H Shares, reducing its total issued shares to approximately 1.41 billion. The repurchase, which took place between December 12 and 16, 2024, involved a total expenditure of HK$151.7 million. This strategic move is likely to impact the company’s share value and shareholder dynamics.
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