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Asymchem Completes A Share Repurchase and Cancellation

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Asymchem Completes A Share Repurchase and Cancellation

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Asymchem Laboratories (Tianjin) Co., Ltd. Class H ( (HK:6821) ) has issued an update.

Asymchem Laboratories has completed the repurchase and cancellation of a portion of its A shares, reducing its issued share capital. This move, authorized by the company’s board, aims to implement an employee share ownership plan and will not affect the company’s controlling shareholder or its financial condition.

More about Asymchem Laboratories (Tianjin) Co., Ltd. Class H

Asymchem Laboratories (Tianjin) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. The company operates in the pharmaceutical industry, focusing on providing comprehensive services for drug development and manufacturing. It is listed on the Hong Kong Stock Exchange and the Shenzhen Stock Exchange.

YTD Price Performance: 16.13%

Average Trading Volume: 289,474

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$31.64B

Find detailed analytics on 6821 stock on TipRanks’ Stock Analysis page.

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