Weichai Power Cuts A-Share Buyback Cap on Dividend Adjustment; Shares Gain 1%

MT Newswires Live

2025/07/21

Weichai Power (HKG:2338, SHE:000338) lowered the maximum repurchase price for its A shares to 23.22 yuan apiece from 23.57 yuan, following an upcoming dividend distribution, according to a July 18 Hong Kong bourse filing.

Hong Kong shares of the company were up nearly 1% in Monday's recent trade.

The adjustment reflects a 0.3465 yuan per-share cash dividend approved for the 2024 financial year, which will go ex-dividend on July 25, the filing said.

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