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An update from Zijin Mining Group Co ( (HK:2899) ) is now available.
Zijin Mining Group Co. has announced the repurchase and cancellation of 315,000 Restricted A Shares under its 2020 Incentive Scheme, following the resignation of 10 participants who no longer meet eligibility criteria. This strategic move reflects the company’s commitment to maintaining strict adherence to its incentive policies and ensuring the alignment of its share incentive programs with participant eligibility. The company has completed necessary procedures to notify creditors and has received no objections, indicating smooth execution of the repurchase plan.
More about Zijin Mining Group Co
Zijin Mining Group Co., Ltd. is a leading company in the mining industry, primarily engaged in the exploration and development of gold, copper, and other mineral resources. It focuses on expanding its operations in significant global markets to enhance its position as a major player in the mining sector.
YTD Price Performance: 5.00%
Average Trading Volume: 31,241
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $56.83B
See more insights into 2899 stock on TipRanks’ Stock Analysis page.
