Tsingtao Brewery Announces Repurchase and Cancellation of Restricted Shares
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Tsingtao Brewery Co (HK:0168) announced the repurchase and cancellation of 1,667 Restricted A Shares following a participant's resignation, in line with its Incentive Plan. This action will adjust the shareholding structure, eliminating all selling restrictions. The latest analyst rating for Tsingtao Brewery stock is a Buy, with a price target of HK$58.00. The company, known for Tsingtao Beer, operates in the brewing industry and is listed on the Hong Kong Stock Exchange, with a current market cap of HK$83.66B.
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