FilingReader Intelligence
Baosteel proposes share repurchase after performance miss
May 8, 2025 at 05:03 AM UTC•By FilingReader AI
Baoshan Iron & Steel (Baosteel) [SSE:600019] is seeking shareholder approval to repurchase 126,559,250 restricted shares due to unmet performance goals tied to its equity incentive plan. The proposal arises from the failure to achieve certain targets outlined in the company's third A-share restricted stock plan for 2024, specifically related to EVA, and ranking among peers, while profit growth was successful.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when Baoshan Iron & Steel publishes news
Free account required • Unsubscribe anytime