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Alphamab Oncology Announces HK$20 Million Share Repurchase Plan

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Alphamab Oncology Announces HK$20 Million Share Repurchase Plan

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The latest announcement is out from Alphamab Oncology ( (HK:9966) ).

Alphamab Oncology has announced a voluntary on-market share repurchase plan, with the board resolving to buy back shares worth up to HK$20 million. The decision reflects the company’s confidence in its business prospects and aims to enhance shareholder value, though the execution of the repurchase will depend on market conditions.

The most recent analyst rating on (HK:9966) stock is a Hold with a HK$13.50 price target. To see the full list of analyst forecasts on Alphamab Oncology stock, see the HK:9966 Stock Forecast page.

More about Alphamab Oncology

Alphamab Oncology is a company incorporated in the Cayman Islands, operating in the biotechnology industry. It focuses on developing innovative oncology therapies and has a market presence in Hong Kong.

Average Trading Volume: 4,256,836

Technical Sentiment Signal: Buy

Current Market Cap: HK$12.72B

See more insights into 9966 stock on TipRanks’ Stock Analysis page.

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