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AEON Stores Announces Discloseable and Connected Transaction

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AEON Stores Announces Discloseable and Connected Transaction

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AEON Stores (Hong Kong) Co., Limited ( (HK:0984) ) just unveiled an announcement.

AEON Stores (Hong Kong) Co., Limited announced a discloseable and connected transaction involving the sale of 1,346,000 shares at HK$7.40 per share, totaling HK$9,960,400. This transaction, involving a connected party, is subject to specific reporting and announcement requirements but is exempt from circular and shareholders’ approval due to the transaction size. The sale is part of the company’s strategic financial management, potentially impacting its market positioning and stakeholder interests.

More about AEON Stores (Hong Kong) Co., Limited

AEON Stores (Hong Kong) Co., Limited operates in the retail industry, offering a range of products and services primarily focused on department store operations in Hong Kong.

YTD Price Performance: 24.44%

Average Trading Volume: 352,134

Technical Sentiment Signal: Buy

Current Market Cap: HK$145.6M

For a thorough assessment of 0984 stock, go to TipRanks’ Stock Analysis page.

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