Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
E-Commodities Holdings Limited ( (HK:1733) ) just unveiled an announcement.
E-Commodities Holdings Limited, a company incorporated in the British Virgin Islands, has announced the repurchase of 1,728,000 shares as part of its ongoing share buyback program. This repurchase, conducted at prices between HK$0.84 and HK$0.85 per share, was funded through the company’s existing cash reserves and free cash flow, representing approximately 0.0642% of the total shares in issue. The company has repurchased a total of 27,694,000 shares under the current mandate, with further repurchases contingent on market conditions and management discretion.
More about E-Commodities Holdings Limited
YTD Price Performance: -26.92%
Technical Sentiment Signal: Buy
Current Market Cap: €293.1M
For a thorough assessment of 1733 stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money