tiprankstipranks
Zoomlion Gains Shareholder Support for H Share Buyback
Company Announcements

Zoomlion Gains Shareholder Support for H Share Buyback

Zoomlion Heavy Industry Science & Technology Co (HK:1157) has released an update.

Don't Miss Our Christmas Offers:

Zoomlion Heavy Industry Science & Technology Co., Ltd. successfully passed a special resolution at its recent extraordinary general meeting, allowing the company to repurchase up to 10% of its issued H shares. The overwhelming majority of votes were in favor, indicating strong shareholder support for this strategic move. This decision aligns with the company’s efforts to enhance shareholder value in a competitive market.

For further insights into HK:1157 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskZoomlion Announces H Shares Buyback Plan
TipRanks HongKong Auto-Generated NewsdeskZoomlion Reports Q3 2024 Financial Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App