Summary by Futu AI
On July 30, 2024, Aluminum Corporation of China Limited held its 24th meeting of the 8th Board of Directors, at which it deliberated and approved the resolutions on repurchasing and canceling restricted shares that have been granted to incentive targets but have not yet been released from restriction, as well as adjusting the repurchase price. This decision was made in accordance with the company's 2021 restricted stock incentive plan and taking into account the situation after the implementation of the 2023 annual equity distribution by the company. The repurchase price has been adjusted, with the repurchase price for the initially granted restricted shares being adjusted from RMB 3.01 to RMB 2.93, and the reserved restricted shares being adjusted from RMB 2.17 to RMB 2.09. The repurchase and cancellation involve...Show More