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Asymchem Completes Repurchase and Cancellation of Restricted A Shares

Story Highlights
  • Asymchem has completed the repurchase and cancellation of 1,680 Restricted A Shares.
  • This action will not impact the company’s financial condition or shareholder control.
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Asymchem Completes Repurchase and Cancellation of Restricted A Shares

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

Asymchem Laboratories (Tianjin) Co., Ltd. has completed the repurchase and cancellation of 1,680 Restricted A Shares under its 2020 Restricted A Share Incentive Scheme, slightly reducing its total issued share capital. This action will not affect the company’s controlling shareholder status or its compliance with stock exchange listing rules, and it is not expected to have any material impact on the company’s financial condition or operating results.

The most recent analyst rating on (HK:6821) stock is a Buy with a HK$76.45 price target. To see the full list of analyst forecasts on Asymchem Laboratories (Tianjin) Co., Ltd. Class H stock, see the HK:6821 Stock Forecast page.

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

Asymchem Laboratories (Tianjin) Co., Ltd. is a joint stock company incorporated in China, operating in the pharmaceutical industry. It focuses on providing advanced pharmaceutical research and manufacturing services.

Average Trading Volume: 805,045

Technical Sentiment Signal: Buy

Current Market Cap: HK$32.01B

See more data about 6821 stock on TipRanks’ Stock Analysis page.

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