AAC Technologies Holdings ( (HK:2018) ) has provided an announcement.
AAC Technologies Holdings Inc. has completed a US$100 million Automatic Share Buy-Back Program, repurchasing 19,676,000 shares, which accounts for 1.6417% of its total issued shares. The company has also announced a new share repurchase plan to buy back shares worth up to HK$1.2 billion over the next 12 to 18 months, reflecting confidence in its long-term business prospects and benefiting shareholders while maintaining a solid financial position.
More about AAC Technologies Holdings
AAC Technologies Holdings Inc. is a company incorporated in the Cayman Islands, primarily engaged in the technology industry. The company focuses on developing and manufacturing advanced miniaturized components for communication and consumer electronics, including acoustic, haptic, and optical components.
YTD Price Performance: 13.53%
Average Trading Volume: 359
Technical Sentiment Signal: Sell
Current Market Cap: $5.04B
For detailed information about 2018 stock, go to TipRanks’ Stock Analysis page.