tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

HKBN Updates on Securities Amidst China Mobile’s Acquisition Offer

Story Highlights
HKBN Updates on Securities Amidst China Mobile’s Acquisition Offer

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1