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IVD Medical Holding Limited ( (HK:1931) ) has issued an update.
IVD Medical Holding Limited has announced a voluntary share repurchase plan, intending to buy back up to 30,000,000 shares using HK$50,000,000 from its existing cash reserves. This move reflects the company’s confidence in its long-term growth and market performance, aiming to enhance shareholder value by addressing the current undervaluation of its shares.
More about IVD Medical Holding Limited
IVD Medical Holding Limited is a company incorporated in the Cayman Islands, operating within the medical industry. The company focuses on the development and distribution of in vitro diagnostic products and services, catering to healthcare providers and institutions.
Average Trading Volume: 55,219
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.76B
See more insights into 1931 stock on TipRanks’ Stock Analysis page.