E-Commodities Holdings Limited (HK:1733) has released an update.
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E-Commodities Holdings Limited has repurchased 3,306,000 shares on the open market at prices between HK$1.30 and HK$1.34 per share, utilizing their existing cash reserves. This move reflects the company’s strategy to manage its share capital, representing 0.1226% of its total shares in issue, and the shares will be held as treasury stock. The company continues to evaluate market conditions for potential further repurchases under its current mandate.
For further insights into HK:1733 stock, check out TipRanks’ Stock Analysis page.