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E-Commodities Holdings Limited ( (HK:1733) ) just unveiled an announcement.
E-Commodities Holdings Limited announced the repurchase of 2,116,000 shares at prices between HK$0.90 and HK$0.92, totaling a cost of HK$1,924,604.52. This buyback, funded by existing cash reserves, represents approximately 0.0786% of the company’s total shares and aligns with a shareholder-approved mandate, potentially impacting market dynamics and shareholder value.
More about E-Commodities Holdings Limited
E-Commodities Holdings Limited is a company incorporated in the British Virgin Islands, operating in the commodities industry. The company focuses on the trading and logistics of commodities, with its shares listed on the Hong Kong Stock Exchange.
YTD Price Performance: -19.23%
Average Trading Volume: 11,000
Technical Sentiment Signal: Buy
Current Market Cap: €317.9M
Learn more about 1733 stock on TipRanks’ Stock Analysis page.