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Fosun International ( (HK:0656) ) just unveiled an update.
Fosun International announced the successful completion of a share buy-back of Fosun Tourism Group (FTG) through a scheme of arrangement, which has been sanctioned by the Grand Court and registered in the Cayman Islands. This transaction will lead to the withdrawal of FTG shares from the Hong Kong Stock Exchange, effective March 19, 2025. The company expressed gratitude to shareholders and business partners for their support and emphasized its commitment to FTG’s business development and leveraging group synergies.
More about Fosun International
Fosun International is a multinational conglomerate with a diverse portfolio that includes sectors such as healthcare, tourism, and finance. The company is known for its strategic investments and focus on leveraging synergies across its various business units.
Average Trading Volume: 13,055
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.76B
For detailed information about 0656 stock, go to TipRanks’ Stock Analysis page.