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Shanghai Haohai Adjusts A Shares Repurchase Price Cap

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Shanghai Haohai Adjusts A Shares Repurchase Price Cap

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Shanghai Haohai Biological Technology Co., Ltd. Class H ( (HK:6826) ) has shared an announcement.

Shanghai Haohai Biological Technology Co., Ltd. announced an adjustment to the share price cap for its A shares repurchase plan. The company has reduced the maximum repurchase price to RMB88.72 per share following the approval of its 2024 profit distribution plan and the completion of the final dividend distribution. This adjustment is part of the company’s ongoing strategy to manage its share capital effectively, adhering to relevant regulations and market conditions.

More about Shanghai Haohai Biological Technology Co., Ltd. Class H

Shanghai Haohai Biological Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on the biotechnology industry. The company is involved in the production and distribution of biological products, with its shares listed on the Hong Kong Stock Exchange.

Average Trading Volume: 559,704

Technical Sentiment Signal: Sell

Current Market Cap: HK$11.75B

Learn more about 6826 stock on TipRanks’ Stock Analysis page.

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