Huatai Securities to Repurchase, Cancel About 2.1 Million Shares

MT Newswires Live

2024/09/16

Huatai Securities (HKG:6886, SHA:601688) plans to repurchase and cancel 2,082,559 A shares from 175 share incentive scheme participants, according to a Friday filing with the Hong Kong Stock Exchange.

The participants failed to meet individual performance guidelines or terminated their employment with the company, the filing said.

Following repurchase and cancellation, the brokerage will have 13,925,879 restricted shares.

Price (HKD): $8.15, Change: $-0.080, Percent Change: -0.97%

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