CIFI Ever Sunshine Services Group Limited (HK:1995) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ever Sunshine Services Group Limited has announced the cancellation of 20,666,000 repurchased shares, which is expected to improve the net asset value and earnings per share for the remaining shareholders. This move follows the company’s repurchase of shares under the 2023 and 2024 Buy-back Mandates, which represented about 0.93% and 0.26% of the total issued share capital respectively at the time of approval. The cancellation is seen as beneficial for the company and its shareholders.
For further insights into HK:1995 stock, check out TipRanks’ Stock Analysis page.