tiprankstipranks
CCT Fortis Share Buyback Reduces Public Float
Company Announcements

CCT Fortis Share Buyback Reduces Public Float

CCT Fortis Holdings Limited (HK:0138) has released an update.

Don't Miss our Black Friday Offers:

CCT Fortis Holdings Limited has repurchased 4,686,000 of its own shares, inadvertently reducing the public float to below the required 25%, with Chairman Mak Shiu Tong’s shareholding increasing to approximately 75.19%. The company is now taking steps to rectify this and restore the public float above the minimum threshold by 15 November 2024.

For further insights into HK:0138 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App