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Zijin Mining to Repurchase and Cancel Restricted Shares

Zijin Mining to Repurchase and Cancel Restricted Shares

Zijin Mining Group Co (HK:2899) has released an update.

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Zijin Mining Group Co. has announced the repurchase and cancellation of 345,600 restricted A Shares due to non-compliance by 10 participants in their incentive scheme. This move will slightly reduce the total number of shares and registered capital of the company. Shareholders are advised to remain cautious as the company proceeds with statutory procedures.

For further insights into HK:2899 stock, check out TipRanks’ Stock Analysis page.

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