Sinotrans (00598) rose nearly 3%. As of press release, it rose 2.66% to HK$3.47, with a turnover of HK$12.6864 million.
The Zhitong Finance App learned that Sinotrans (00598) rose nearly 3%. As of press release, it had risen 2.66% to HK$3.47, with a turnover of HK$12.6864 million.
According to the news, Sinotrans issued a progress announcement on the repurchase of the company's A-share shares through centralized bidding transactions. According to the announcement, the company first implemented an A-share repurchase on November 29, 2024. A total of 6.38 million shares have been repurchased, accounting for 0.09% of the total share capital. The total repurchase capital is 33.57 million yuan (excluding transaction fees), and the repurchase price range is 5.19 yuan/share to 5.27 yuan/share. The total repurchase capital planned by the company is not less than 0.271 billion yuan, and the maximum repurchase period is no more than 0.542 billion yuan. The repurchase period is 12 months from the date of review and approval by the shareholders' meeting.