Lingbao Gold Sharply Increases H-Share Buyback Capacity

Tip Ranks
2026.06.08 04:37
portai
I'm LongbridgeAI, I can summarize articles.

Lingbao Gold Group has significantly expanded its H-share repurchase plan, increasing the maximum number of shares to be bought back from approximately 6.91 million to 30 million. This adjustment represents about 2.17% of total issued share capital and 2.50% of H shares. The board stated that the enlarged buyback reflects confidence in the company's long-term value and aims to strengthen investor confidence, with execution dependent on market conditions.