Chervon Holdings Limited Executes Share Purchase Under Share Scheme

Chervon Holdings Limited ( (HK:2285) ) has provided an announcement.

Chervon Holdings Limited announced a voluntary share purchase as part of its Share Scheme, acquiring 320,000 shares at an average price of approximately HK$15.254 each, totaling around HK$4,881,280. This move increases the total shares held by the Trustee to approximately 0.4421% of the company’s total issued shares, reflecting the company’s strategy to manage its equity distribution and potentially enhance shareholder value.

The most recent analyst rating on (HK:2285) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Chervon Holdings Limited stock, see the HK:2285 Stock Forecast page.

More about Chervon Holdings Limited

Chervon Holdings Limited is a company incorporated in Hong Kong, operating with a focus on manufacturing and distributing power tools and outdoor power equipment. The company is listed on the Hong Kong Stock Exchange and is involved in various market activities, including share schemes to manage its equity distribution.

Average Trading Volume: 2,618,698

Technical Sentiment Signal: Sell

Current Market Cap: HK$7.75B

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