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Shoucheng Holdings Ltd. ( (HK:0697) ) has issued an announcement.
Shoucheng Holdings Ltd. has announced adjustments to its third tranche special dividend per share and the conversion price of its U.S.$180 million 0.75% convertible bonds due 2026. The third tranche special dividend has been adjusted to HK$0.0308 per share due to changes in the total number of shares in issue, while the conversion price of the bonds will be adjusted from HK$1.55 to HK$1.53 following the dividend declaration. These adjustments reflect the company’s ongoing financial maneuvers and may impact shareholder returns and bondholder conversion terms.
The most recent analyst rating on (HK:0697) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Shoucheng Holdings Ltd. stock, see the HK:0697 Stock Forecast page.
More about Shoucheng Holdings Ltd.
Average Trading Volume: 71,073,408
Technical Sentiment Signal: Buy
Current Market Cap: HK$16.98B
Learn more about 0697 stock on TipRanks’ Stock Analysis page.