China Railway Group Updates Market on Progress of A-Share Buyback Plan

Claim 70% Off TipRanks This Holiday SeasonUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialChina Railway Group ( (HK:0390) ) has shared an update. China Railway Group Limited has provided an update on its ongoing A-share repurchase programme, which was approved at its 2024 annual general meeting and relevant class meetings and is being implemented between 20 June 2025 and 19 June 2026 via centralized competitive bidding. The company plans to spend between RMB800 million and RMB1.6 billion of self-owned funds and special loans to buy back RMB ordinary shares at no more than RMB8.50 per share for the purpose of reducing registered capital, and as of the latest disclosure has repurchased 28,812,000 shares, representing 0.1167% of its total share capital, at prices between RMB5.42 and RMB5.75 per share for an aggregate consideration of about RMB160 million, signaling active capital management that could enhance per-share metrics and potentially support shareholder value. The most recent analyst rating on (HK:0390) stock is a Buy with a HK$4.50 price target. To see the full list of analyst forecasts on China Railway Group stock, see the HK:0390 Stock Forecast page. More about China Railway Group China Railway Group Limited is a major Chinese construction and engineering conglomerate focused on railway, infrastructure and related civil engineering projects, with its shares listed both as A-shares in Shanghai and H-shares in Hong Kong, giving it access to domestic and international capital markets for funding its large-scale transport and infrastructure activities. YTD Price Performance: 1.04% Average Trading Volume: 26,230,588 Technical Sentiment Signal: Strong Buy Current Market Cap: HK$139.7B See more insights into 0390 stock on TipRanks’ Stock Analysis page.