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Huabao Unveils HK$500 Million Share Buyback Plan

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Huabao Unveils HK$500 Million Share Buyback Plan

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An update from Huabao International Holdings ( (HK:0336) ) is now available.

Huabao International plans to deploy up to HK$500 million over the next 12 months for phased on-market share repurchases within its existing mandate, canceling or holding bought shares as treasury stock to optimize capital structure. Management says the program signals confidence in long-term prospects, uses surplus cash efficiently, and will be funded from reserves while adhering to all regulatory requirements, though execution remains subject to market conditions and board discretion.

The most recent analyst rating on (HK:0336) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Huabao International Holdings stock, see the HK:0336 Stock Forecast page.

More about Huabao International Holdings

Huabao International Holdings is a Bermuda-incorporated Hong Kong-listed provider of flavors, fragrances, and tobacco-related ingredients serving consumer goods manufacturers across Greater China and other Asian markets.

Average Trading Volume: 5,976,900

Technical Sentiment Signal: Buy

Current Market Cap: HK$13.44B

For an in-depth examination of 0336 stock, go to TipRanks’ Overview page.

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