tiprankstipranks
Trending News
More News >

China Boqi Completes Oversubscribed Share Buy-Back

China Boqi Completes Oversubscribed Share Buy-Back

China Boqi Environmental (Holding) Co., Ltd. (HK:2377) has released an update.

Confident Investing Starts Here:

China Boqi Environmental (Holding) Co., Ltd. has successfully completed a buy-back of 150,858,120 shares at HK$1.20 per share, totaling HK$181 million. The offer was oversubscribed with acceptances reaching about 201.91% of the maximum number to be bought back. Post buy-back, the interest of Mr. Zeng and concert parties in the company will increase to approximately 32.59%.

For further insights into HK:2377 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

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
1