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Beauty Farm Medical & Health Industry, Inc. ( (HK:2373) ) has shared an update.
Beauty Farm Medical and Health Industry Inc. announced a voluntary on-market share repurchase, acquiring 30,000 shares at an average price of HK$29.86 each, totaling approximately HK$895,700. The board believes the current share price undervalues the company’s intrinsic worth and business prospects, and this repurchase demonstrates management’s confidence in the company’s long-term value, aiming to enhance market value and shareholder returns.
More about Beauty Farm Medical & Health Industry, Inc.
Beauty Farm Medical and Health Industry Inc. operates in the health and wellness sector, focusing on medical and health-related services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 1,073,618
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.75B
For a thorough assessment of 2373 stock, go to TipRanks’ Stock Analysis page.