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Shandong Hi-Speed Holdings Group Limited ( (HK:0412) ) just unveiled an announcement.
Shandong Hi-Speed Holdings Group Limited has observed unusual movements in the trading price and volume of its shares but assures that its business operations remain stable with no significant changes. The company has decided to implement a share repurchase scheme, utilizing a buy-back mandate to repurchase up to 10% of its shares, with a maximum price of HK$17 per share and a total budget of US$100 million, funded by existing cash flow or working capital.
More about Shandong Hi-Speed Holdings Group Limited
Shandong Hi-Speed Holdings Group Limited is a company incorporated in Bermuda, primarily engaged in the transportation infrastructure industry. It focuses on the development, investment, and management of toll roads and bridges, with a market presence in Hong Kong.
Average Trading Volume: 6,829,546
Technical Sentiment Signal: Buy
Current Market Cap: HK$100.2B
See more data about 0412 stock on TipRanks’ Stock Analysis page.