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An update from Linklogis Inc. Class B ( (HK:9959) ) is now available.
Linklogis Inc. has announced its intention to conduct an on-market share repurchase of its Class B ordinary shares, utilizing at least US$80 million within the next 12 months. This decision reflects the board’s confidence in the company’s intrinsic value and growth prospects, aiming to enhance shareholder value by leveraging its existing cash reserves and free cash flow.
The most recent analyst rating on (HK:9959) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Linklogis Inc. Class B stock, see the HK:9959 Stock Forecast page.
More about Linklogis Inc. Class B
Linklogis Inc. operates in the financial technology industry, focusing on ‘AI+ Industrial Finance’ and digital assets. The company is incorporated in the Cayman Islands and is controlled through weighted voting rights.
Average Trading Volume: 27,271,534
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.76B
Learn more about 9959 stock on TipRanks’ Stock Analysis page.