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Gushengtang Holdings Limited ( (HK:2273) ) has shared an announcement.
Gushengtang Holdings Limited has announced a voluntary share repurchase under a mandate approved by shareholders, allowing the company to buy back up to 23,696,549 shares, which is 10% of its total shares. This move, funded by internal resources, aims to enhance shareholder value and demonstrate confidence in the company’s long-term prospects, while maintaining sufficient financial resources for business growth.
The most recent analyst rating on (HK:2273) stock is a Buy with a HK$48.00 price target. To see the full list of analyst forecasts on Gushengtang Holdings Limited stock, see the HK:2273 Stock Forecast page.
More about Gushengtang Holdings Limited
Average Trading Volume: 1,816,786
Technical Sentiment Signal: Sell
Current Market Cap: HK$7.79B
For an in-depth examination of 2273 stock, go to TipRanks’ Overview page.