Maanshan Iron & Steel Announces Capital Reduction Through Share Cancellation

Reuters07-30

<a href="https://laohu8.com/S/00323">Maanshan Iron</a> & Steel Announces Capital Reduction Through Share Cancellation

Maanshan Iron & Steel Company Limited has announced a capital reduction through the repurchase and cancellation of restricted shares. The company plans to repurchase and cancel a total of 21,423,400 shares, which include shares from the 2024 appraisal year and those triggered by personnel changes. The repurchase prices are set at RMB2.29 and RMB2.48 per share, respectively.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Maanshan Iron & Steel Company Limited published the original content used to generate this news brief on July 30, 2025, and is solely responsible for the information contained therein.

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