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China Railway plans A-share buyback, chairman proposes

April 10, 2025 at 05:12 PM UTCBy FilingReader AI

China Railway Group (SSE:601390) announced that its Chairman, Chen Wenjian, has proposed a buyback of the company’s A-shares. The buyback aims to safeguard shareholder interests, boost investor confidence, and stabilize the company's value. The repurchased shares will be used to reduce the company's registered capital.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601390Shanghai Stock Exchange

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