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An update from Eva Precision Industrial Holdings Limited ( (HK:0838) ) is now available.
EVA Precision Industrial Holdings Limited has announced a voluntary share repurchase plan, approved by its board of directors, to buy back shares from the open market. The board believes the current trading price does not reflect the intrinsic value and business prospects of the company. The repurchase plan aims to enhance shareholder value and demonstrate the board’s confidence in the company’s future. The plan will be financed through internal resources and is subject to compliance with existing mandates and regulations.
More about Eva Precision Industrial Holdings Limited
EVA Precision Industrial Holdings Limited operates in the precision manufacturing industry, focusing on producing high-quality components and products for various sectors. The company is known for its advanced manufacturing capabilities and serves a diverse range of markets.
YTD Price Performance: 15.71%
Average Trading Volume: 2,045
Technical Sentiment Signal: Sell
Current Market Cap: €161.3M
See more insights into 0838 stock on TipRanks’ Stock Analysis page.