Fosun Tourism Group (HK:1992) has released an update.
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Fosun Tourism Group is set to undergo a share buy-back scheme, offering HK$7.80 per share, which represents a significant premium over recent trading prices. This move will lead to the company’s delisting from the Hong Kong Stock Exchange, with Fosun International and FHL owning nearly all shares. Investors may find this an attractive opportunity due to the premium offered over the current market price.
For further insights into HK:1992 stock, check out TipRanks’ Stock Analysis page.