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DL Holdings Group Limited ( (HK:1709) ) just unveiled an announcement.
DL Holdings Group Limited has announced a voluntary share purchase as part of its 2025 Restricted Share Award Scheme. The company has acquired 3,200,000 shares from the market, representing approximately 0.16% of the existing total number of shares in issue. This purchase is part of the company’s ongoing efforts to implement the Scheme, which includes a second share award pool target of 40,000,000 shares. As of the announcement date, the company has purchased 37,620,000 shares for the second pool. The Board will continue to review and determine the number of shares to be awarded to participants based on performance and scheme rules, indicating a strategic focus on incentivizing and rewarding its stakeholders.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
More about DL Holdings Group Limited
DL Holdings Group Limited is a company incorporated in the Cayman Islands with limited liability. It operates in the financial sector and is listed on the Hong Kong Stock Exchange under the stock code 1709.
Average Trading Volume: 59,158,104
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.81B
For detailed information about 1709 stock, go to TipRanks’ Stock Analysis page.