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The latest announcement is out from Gushengtang Holdings Limited ( (HK:2273) ).
Gushengtang Holdings Limited has announced a voluntary share repurchase initiative under a previously granted mandate, allowing the company to buy back up to 10% of its issued shares. The board has approved an additional HK$300 million for the repurchase, which aims to enhance shareholder value and demonstrate confidence in the company’s long-term prospects, while maintaining sufficient financial resources for ongoing business growth.
The most recent analyst rating on (HK:2273) stock is a Hold with a HK$30.00 price target. To see the full list of analyst forecasts on Gushengtang Holdings Limited stock, see the HK:2273 Stock Forecast page.
More about Gushengtang Holdings Limited
Average Trading Volume: 1,650,668
Technical Sentiment Signal: Sell
Current Market Cap: HK$6.61B
For an in-depth examination of 2273 stock, go to TipRanks’ Overview page.