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NWS Holdings Restores Public Float Above Regulatory Minimum

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NWS Holdings Restores Public Float Above Regulatory Minimum

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NWS Holdings ( (HK:0659) ) has provided an update.

NWS Holdings, a company incorporated in Bermuda, has announced the restoration of its public float to above the minimum required 25% as per the Listing Rules. This was achieved through the issuance and conversion of convertible bonds, resulting in an increase in shares held by public shareholders. The restoration of the public float is a significant step for the company, ensuring compliance with regulatory requirements and potentially enhancing its market positioning and investor confidence.

The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.

More about NWS Holdings

Average Trading Volume: 2,483,411

Technical Sentiment Signal: Buy

Current Market Cap: HK$32.95B

For an in-depth examination of 0659 stock, go to TipRanks’ Overview page.

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