CITIC Resources (01205) subsidiary sells 1.9 million shares of Alcoa Inc.
CITIC Resources (01205) announced that on March 4, 2026 (New York time), its wholly-owned subsidiary CRA conducted a series of on-exchange transactions on the NYSE, selling a total of 1.9 million shares of Alcoa Inc. held by the Group at an average price of $62.451 per share (equivalent to approximately HK$487.12), with a total consideration of approximately $119 million (excluding transaction costs). This represents approximately 0.72% of the total issued shares of Alcoa Inc.
CITIC RESOURCES (01205) announced that on March 4, 2026 (New York time), its wholly-owned subsidiary CRA conducted a series of on-market transactions on the New York Stock Exchange, selling a total of 1.9 million shares of Alcoa Corporation held by the Group at an average price of $62.451 per share (equivalent to approximately HK$487.12), for a total consideration of approximately $119 million (excluding transaction costs).
In addition, the company has applied to the Stock Exchange of Hong Kong for the resumption of trading of its shares on March 6, 2026 at 9:00 AM.
Related Articles
NOAH HOLDINGS (06686) spent $390,900 to repurchase 169,500 shares on March 4th.
Shenzhen Woer Heat-shrinkable Material (09981): Dongguan Electronics and Woer New Energy Re-Recognized as High-Tech Enterprises
Hsino Tower Group (601096.SH) subsidiary is expected to win a bid for the Southern Power Grid project worth about 975 million yuan.
NOAH HOLDINGS (06686) spent $390,900 to repurchase 169,500 shares on March 4th.
Shenzhen Woer Heat-shrinkable Material (09981): Dongguan Electronics and Woer New Energy Re-Recognized as High-Tech Enterprises
Hsino Tower Group (601096.SH) subsidiary is expected to win a bid for the Southern Power Grid project worth about 975 million yuan.
RECOMMEND
