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An update from HKBN ( (HK:1310) ) is now available.
HKBN Ltd. has announced an update regarding the number of relevant securities following the cancellation of 1,879 unvested restricted share units due to an employee’s cessation of employment. This update is part of the ongoing developments related to the pre-conditional voluntary general cash offer by China Mobile to acquire all issued shares of HKBN. The announcement also reminds associates to disclose their dealings in relevant securities under the Takeovers Code, highlighting the potential impact on stakeholders as the offer’s completion is contingent upon certain conditions being met.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
More about HKBN
HKBN Ltd. is a telecommunications company incorporated in the Cayman Islands, primarily involved in providing broadband and telecommunications services. It operates within the telecommunications industry and is publicly listed with a focus on delivering connectivity solutions.
YTD Price Performance: 1.32%
Average Trading Volume: 2,157,141
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.39B
See more data about 1310 stock on TipRanks’ Stock Analysis page.