tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ENN Energy Updates on Share Options Amid Privatization Proposal

Story Highlights
ENN Energy Updates on Share Options Amid Privatization Proposal

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

ENN Energy Holdings ( (HK:2688) ) has issued an announcement.

ENN Energy Holdings Limited has announced an update regarding its securities following the exercise of 49,000 share options under the ENN 2012 Share Option Scheme. This move is part of a broader proposal to privatize ENN Energy through a scheme of arrangement, which remains subject to various pre-conditions and conditions. Stakeholders are advised to exercise caution as the proposal may not be implemented, impacting the company’s market positioning and shareholder interests.

The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.

More about ENN Energy Holdings

ENN Energy Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the energy sector. It is involved in the distribution and sale of natural gas and other energy-related services, focusing on providing clean energy solutions.

Average Trading Volume: 3,380,967

Technical Sentiment Signal: Buy

Current Market Cap: HK$74.37B

For detailed information about 2688 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1