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An update from Shandong Hi-Speed Holdings Group Limited ( (HK:0412) ) is now available.
Shandong Hi-Speed Holdings Group Limited has announced a voluntary on-market share buy-back, repurchasing 3,700,000 shares, which is approximately 0.06% of its total issued shares. The company’s board believes the current share price does not fully reflect its long-term investment value and growth potential, demonstrating confidence in its business outlook. This move is intended to benefit shareholders by enhancing the company’s value, although the timing and quantity of future buy-backs remain at the company’s discretion.
More about Shandong Hi-Speed Holdings Group Limited
Average Trading Volume: 7,321,394
Technical Sentiment Signal: Buy
Current Market Cap: HK$89.09B
Learn more about 0412 stock on TipRanks’ Stock Analysis page.