China Railway (00390) plans to buy back 800 million to 1.6 billion A-shares.
China Railway (00390) announced on the Zhitong Finance and Economics APP that, in order to effectively protect the interests of the company's shareholders, enhance investor confidence, further stabilize and increase the company's value, based on confidence in the company's future development and recognition of the company's value, and in combination with the company's development strategy, operating conditions, and financial situation, the company plans to repurchase some of its A shares through centralized bidding trading.
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