CIMC (02039) Plans Additional HK$300 Million for Second Batch of H-Share Buyback

Stock News
2025/12/18

CIMC (02039) announced plans to further safeguard shareholder interests and boost investor confidence by increasing its H-share repurchase quota under the 2024 annual general meeting authorization. After evaluating the company's financial condition, future development, and reasonable valuation levels, the board approved the proposal to utilize a general mandate for the second batch of H-share buybacks. On December 18, 2025, the company's 11th Board of Directors passed the resolution during its 16th meeting, agreeing to allocate an additional HK$300 million (inclusive) for the second phase of H-share repurchases.

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