China Boqi Environmental (Holding) Co., Ltd. (HK:2377) has released an update.
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China Boqi Environmental (Holding) Co., Ltd. has announced a conditional voluntary cash offer to buy back up to 15% of its issued share capital at HK$1.20 per share. This offer represents a significant premium over recent average trading prices, offering investors an attractive opportunity to sell their shares. The buyback will be funded by the company’s internal resources, totaling a maximum of HK$181 million.
For further insights into HK:2377 stock, check out TipRanks’ Stock Analysis page.
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