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Jinke Smart Services Group Co., Ltd. Class H ( (HK:9666) ) has shared an announcement.
Jinke Smart Services Group Co., Ltd. has announced a proposed share buyback, intending to repurchase up to 8,438,425 shares at a price not exceeding HK$6.67 per share. This move is part of a strategy to adjust to market conditions and is supported by Broad Gongga Investment Pte. Ltd., which has agreed to the buyback under the Takeovers Code. The buyback is intended to stabilize the company’s share price and potentially enhance shareholder value.
The most recent analyst rating on (HK:9666) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Jinke Smart Services Group Co., Ltd. Class H stock, see the HK:9666 Stock Forecast page.
More about Jinke Smart Services Group Co., Ltd. Class H
Jinke Smart Services Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on smart services. It is listed on the Hong Kong Stock Exchange and operates within the technology and services industry.
Average Trading Volume: 1,274,111
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.9B
Learn more about 9666 stock on TipRanks’ Stock Analysis page.