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Esprit Holdings Announces Capital Reorganization Proposal

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Esprit Holdings Announces Capital Reorganization Proposal

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The latest update is out from Esprit Holdings ( (HK:0330) ).

Esprit Holdings Limited has announced a special general meeting to discuss a significant capital reorganization. The proposed changes include consolidating every ten issued and unissued ordinary shares into one share, reducing the issued share capital, and sub-dividing the authorized but unissued shares. This reorganization aims to streamline the company’s share structure, potentially impacting its market positioning and shareholder value.

More about Esprit Holdings

Esprit Holdings Limited is a company incorporated in Bermuda, primarily operating in the fashion and apparel industry. It is listed on the Stock Exchange of Hong Kong and focuses on designing, manufacturing, and retailing clothing, footwear, accessories, and other fashion-related products.

YTD Price Performance: -25.00%

Average Trading Volume: 4,150,793

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$280.3M

Learn more about 0330 stock on TipRanks’ Stock Analysis page.

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