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CSPC Pharmaceutical Group Enhances Share Award Scheme with New Purchase

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CSPC Pharmaceutical Group Enhances Share Award Scheme with New Purchase

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CSPC Pharmaceutical Group ( (HK:1093) ) just unveiled an update.

CSPC Pharmaceutical Group Limited announced the on-market purchase of 6,000,000 shares as part of its restricted share award scheme, representing approximately 0.052% of the total shares in issue. This strategic move is aimed at benefiting selected participants and reflects the company’s ongoing commitment to incentivize and retain talent, potentially strengthening its market position and shareholder value.

The most recent analyst rating on (HK:1093) stock is a Hold with a HK$10.00 price target. To see the full list of analyst forecasts on CSPC Pharmaceutical Group stock, see the HK:1093 Stock Forecast page.

More about CSPC Pharmaceutical Group

CSPC Pharmaceutical Group Limited is a Hong Kong-based company operating in the pharmaceutical industry. It focuses on the development, production, and sale of pharmaceutical products, with a market emphasis on innovative drug development and healthcare solutions.

Average Trading Volume: 171,854,398

Technical Sentiment Signal: Buy

Current Market Cap: HK$109.6B

For detailed information about 1093 stock, go to TipRanks’ Stock Analysis page.

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