ADICON Holdings Limited (HK:9860) has released an update.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
ADICON Holdings Limited has announced its plan to conduct on-market share repurchases, aiming to buy back up to 5% of its total issued shares using internal resources. The initiative, which reflects the company’s confidence in its business outlook, will be carried out under existing regulations and is contingent on market conditions and capital management requirements. Shareholders and potential investors are advised to exercise caution, as repurchase details such as timing and price remain at the board’s discretion.
For further insights into HK:9860 stock, check out TipRanks’ Stock Analysis page.