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Lvji Technology Holdings, Inc. ( (HK:1745) ) has issued an announcement.
Lvji Technology Holdings Inc. has announced a voluntary on-market share repurchase plan, approved by its board of directors. The plan allows for the repurchase of up to 10% of the company’s shares, using available cash reserves and cash flow, with a maximum budget of HK$30 million. The board believes the shares are undervalued and aims to use this plan to reflect confidence in the company’s prospects while maintaining sufficient resources for business growth.
More about Lvji Technology Holdings, Inc.
Lvji Technology Holdings Inc. is a company incorporated in the Cayman Islands, operating in the technology sector. It focuses on leveraging technology to enhance its business operations and market presence.
Average Trading Volume: 6,744,180
Technical Sentiment Signal: Sell
Current Market Cap: HK$460.6M
For an in-depth examination of 1745 stock, go to TipRanks’ Overview page.