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Weichai sells 8.15M Ballard shares, now holds 10.32% stake worth Cdn$46M

Market News
16 May 2026
Newsfile Corp
View Source
Neutral
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Weichai Power Hong Kong sold 8,150,000 shares of Ballard Power Systems between May 13-15, 2026, at an average price of Cdn$5.65 per share, totaling about Cdn$46 million. After the sale, Weichai's ownership in Ballard decreased from 39.25 million shares to 31.1 million shares, representing 10.32% of Ballard's outstanding shares. The shares are held for investment, and Weichai may adjust its holdings in the future based on market conditions, including buying more shares or selling further. This move reflects Weichai's strategic management of its investment in Ballard.

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