tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

S.F. Holding Co. Cancels A Shares to Boost Investor Confidence

Story Highlights
S.F. Holding Co. Cancels A Shares to Boost Investor Confidence

Elevate Your Investing Strategy:

S.F. Holding Co., Ltd. Class H ( (HK:6936) ) just unveiled an announcement.

S.F. Holding Co., Ltd. announced the cancellation of 23,270,358 A shares as part of its share repurchase plan, which will reduce the company’s registered capital by the same amount. This move is intended to boost investor confidence and enhance long-term investment value. The company has notified creditors of the capital reduction, allowing them to request debt repayment or guarantees within a specified period, in accordance with Chinese regulations.

The most recent analyst rating on (HK:6936) stock is a Buy with a HK$46.00 price target. To see the full list of analyst forecasts on S.F. Holding Co., Ltd. Class H stock, see the HK:6936 Stock Forecast page.

More about S.F. Holding Co., Ltd. Class H

S.F. Holding Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the logistics and delivery industry. It is listed on the Stock Exchange of Hong Kong and focuses on providing comprehensive logistics services.

Average Trading Volume: 1,901,585

Current Market Cap: HK$247.6B

For an in-depth examination of 6936 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1