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Zhou Hei Ya International Holdings Company Limited ( (HK:1458) ) has provided an announcement.
Zhou Hei Ya International Holdings Company Limited announced an update on its share repurchase program, initially set to utilize up to HK$400 million for buying back shares in the open market. As of the announcement date, the company has repurchased 226,862,500 shares for HK$390 million and has approved an additional funding limit of HK$100 million for further repurchases. This move is seen as a demonstration of the company’s confidence in its business outlook and aims to create value for shareholders while maintaining a solid financial position.
More about Zhou Hei Ya International Holdings Company Limited
YTD Price Performance: 29.71%
Average Trading Volume: 4,729,829
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$4.87B
See more insights into 1458 stock on TipRanks’ Stock Analysis page.