Supplemental announcement - share repurchase and adoption of the alternative Threshold for the minimum public float requirement
Filed with HKEX · Stock code 2546 · · 2 pages · English
Summary by 6ix AI
Xizang Zhihui Mining Co., Ltd. has issued a supplemental announcement regarding a share repurchase and the adoption of an alternative threshold for the minimum public float requirement. The company repurchased shares on the stock exchange, which will be held as treasury shares and will not count towards the public float. As a result of this repurchase, the company's public float has fallen below the initial threshold, prompting a shift to the alternative threshold for compliance. The company assures that it will continue to meet the applicable public float requirements and urges caution to shareholders and potential investors.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Xizang Zhihui Mining Co., Ltd. on 6ix
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