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Hygeia Healthcare Announces Share Repurchase Plan

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Hygeia Healthcare Announces Share Repurchase Plan

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Hygeia Healthcare Holdings Co., Ltd. ( (HK:6078) ) has shared an announcement.

Hygeia Healthcare Holdings Co., Ltd. announced a proposed on-market share repurchase, intending to buy back up to 61,849,900 shares, equivalent to 10% of its total issued shares. The company believes the current trading price undervalues its intrinsic worth and business prospects, and the repurchase is aimed at enhancing shareholder value and demonstrating confidence in its financial position.

The most recent analyst rating on (HK:6078) stock is a Hold with a HK$13.00 price target. To see the full list of analyst forecasts on Hygeia Healthcare Holdings Co., Ltd. stock, see the HK:6078 Stock Forecast page.

More about Hygeia Healthcare Holdings Co., Ltd.

Hygeia Healthcare Holdings Co., Ltd. is a company incorporated in the Cayman Islands, operating in the healthcare industry. It is listed on the Stock Exchange of Hong Kong and focuses on providing healthcare services and products.

Average Trading Volume: 4,996,015

Technical Sentiment Signal: Sell

Current Market Cap: HK$7.13B

See more insights into 6078 stock on TipRanks’ Stock Analysis page.

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