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The latest update is out from ENN Energy Holdings ( (HK:2688) ).
ENN Energy Holdings Limited has announced an update regarding its securities, following the exercise and lapse of share options under the ENN 2012 Share Option Scheme. The company issued 776 new shares and saw the lapse of 4,524,537 share options. The announcement is part of a broader proposal by ENN Natural Gas Co., Ltd. to privatize ENN Energy through a scheme of arrangement. Stakeholders are advised to exercise caution as the proposal and share option offer are subject to pre-conditions and conditions that may affect their implementation.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
More about ENN Energy Holdings
ENN Energy Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the energy sector. The company is involved in the distribution and sale of natural gas and related energy services, focusing on expanding its market presence and enhancing its service offerings.
YTD Price Performance: 38.51%
Average Trading Volume: 3,779,941
Technical Sentiment Signal: Buy
Current Market Cap: HK$83.32B
For an in-depth examination of 2688 stock, go to TipRanks’ Overview page.