tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

JX Energy Ltd. Issues New Shares for CFO Exit Package

Story Highlights
JX Energy Ltd. Issues New Shares for CFO Exit Package

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.

JX Energy Ltd. ( (HK:3395) ) has shared an update.

JX Energy Ltd. announced the issuance of 1,987,925 new common shares as part of an exit package for Ms. Tara Suzanne Leray, the outgoing chief financial officer and joint company secretary. The shares, priced at HK$0.279 each, represent a 0.33% increase in the company’s issued share capital and were issued at a discount to the market price. This strategic decision reflects the company’s approach to managing executive transitions and its financial commitments, potentially impacting shareholder value and market perception.

The most recent analyst rating on (HK:3395) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on JX Energy Ltd. stock, see the HK:3395 Stock Forecast page.

More about JX Energy Ltd.

JX Energy Ltd. is a company incorporated under the laws of Alberta, operating within the energy sector. The company is listed on the Stock Exchange of Hong Kong and is involved in the issuance and management of securities.

Average Trading Volume: 2,383,850

Technical Sentiment Signal: Hold

Current Market Cap: HK$187.9M

For detailed information about 3395 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