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Esprit Holdings ( (HK:0330) ) just unveiled an update.
Esprit Holdings has announced a proposed capital reorganisation plan that includes a share consolidation and a change in board lot size. The share consolidation will convert every ten existing shares into one consolidated share, followed by a capital reduction and share sub-division. The board lot size for trading on the Stock Exchange will change from 2,500 existing shares to 10,000 new shares. This reorganisation aims to streamline the company’s share structure and potentially enhance trading liquidity. Shareholders will vote on the proposal at a special general meeting, and the changes are subject to certain conditions being met.
More about Esprit Holdings
Esprit Holdings is a company incorporated in Bermuda with limited liability, and its shares are traded on the Stock Exchange of Hong Kong. The company operates in the fashion and apparel industry, focusing on designing, manufacturing, and retailing clothing and accessories.
Average Trading Volume: 3,224,008
Technical Sentiment Signal: Sell
Current Market Cap: HK$300.1M
See more data about 0330 stock on TipRanks’ Stock Analysis page.