Kingmaker Footwear Holdings (HK:1170) has released an update.
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Kingmaker Footwear Holdings Limited has purchased 1,348,000 shares at an average price of HK$0.70 each, as part of their share award scheme, increasing the total shares held in trust for selected participants to 0.978% of shares in issue. The company’s board will continue to review and adjust the awarded shares and vesting conditions for participants. This move could signal confidence by the company’s management in its future prospects, potentially interesting investors looking for stock opportunities.
For further insights into HK:1170 stock, check out TipRanks’ Stock Analysis page.