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Guoquan Food (Shanghai) Company., Ltd. Class H ( (HK:2517) ) has shared an announcement.
Guoquan Food (Shanghai) Co., Ltd., has announced its intention to continue repurchasing its H Shares on the open market, with an allocation of up to HK$100 million from its own funds. This decision is based on the company’s belief that the current share price does not fully reflect its intrinsic value and business prospects, and is aimed at demonstrating confidence in its growth potential, thereby creating value for shareholders. The repurchase plan will be conducted in compliance with relevant laws and regulations, and the board has discretion over its execution.
More about Guoquan Food (Shanghai) Company., Ltd. Class H
YTD Price Performance: -6.70%
Average Trading Volume: 13,965,279
Technical Sentiment Consensus Rating: Strong Buy
Learn more about 2517 stock on TipRanks’ Stock Analysis page.