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Antengene Announces Share Repurchase Plan to Boost Shareholder Value

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Antengene Announces Share Repurchase Plan to Boost Shareholder Value

Confident Investing Starts Here:

Antengene Corporation Limited ( (HK:6996) ) has shared an update.

Antengene Corporation Limited has announced its intention to conduct an on-market share repurchase, utilizing a mandate approved by shareholders to buy back up to 10% of its issued shares. This move, subject to market conditions, is aimed at demonstrating confidence in the company’s business outlook and enhancing shareholder value, with the repurchase financed by internal resources.

More about Antengene Corporation Limited

Antengene Corporation Limited is a biopharmaceutical company focused on developing and commercializing innovative oncology medicines. The company operates primarily in the field of cancer treatment, aiming to address unmet medical needs in the Asia-Pacific markets.

YTD Price Performance: 462.50%

Technical Sentiment Signal: Strong Sell

Current Market Cap: €241.8M

For detailed information about 6996 stock, go to TipRanks’ Stock Analysis page.

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