3SBio Cancels Treasury Shares and Relocates Office

3SBio Cancels Treasury Shares and Relocates Office

3SBio (HK:1530) has released an update.

3SBio Inc. has announced the cancellation of 21,227,000 treasury shares, reducing its total outstanding shares to 2.39 billion. Additionally, the company is relocating its principal office in Hong Kong to a new address effective January 2025. These moves could impact investor perceptions and market dynamics for the biotech firm.

For further insights into HK:1530 stock, check out TipRanks’ Stock Analysis page.

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