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The latest announcement is out from MicroTech Medical (Hangzhou) Co., Ltd. Class H ( (HK:2235) ).
MicroTech Medical (Hangzhou) Co., Ltd. is proposing a reduction in its registered capital by canceling 60,000 shares repurchased from the open market. This move, along with proposed amendments to the company’s Articles of Association, has been approved by the board and awaits shareholder approval at the upcoming annual general meeting. The changes are aimed at adjusting the company’s capital structure, potentially impacting its financial strategy and shareholder value.
More about MicroTech Medical (Hangzhou) Co., Ltd. Class H
YTD Price Performance: 0.98%
Average Trading Volume: 135,139
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.59B
Learn more about 2235 stock on TipRanks’ Stock Analysis page.