tiprankstipranks
Trending News
More News >

Sihuan Pharmaceutical Acquires 10 Million Shares Under Award Scheme

Story Highlights
  • Sihuan Pharmaceutical acquired 10 million shares as part of its Share Award Scheme.
  • The share purchase aims to strengthen Sihuan’s market position and stakeholder incentives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sihuan Pharmaceutical Acquires 10 Million Shares Under Award Scheme

Don’t Miss TipRanks’ Half-Year Sale

The latest update is out from Sihuan Pharmaceutical Holdings Group ( (HK:0460) ).

Sihuan Pharmaceutical Holdings Group Ltd. announced a voluntary share purchase under its 2022 Share Award Scheme, acquiring 10,000,000 shares, which represents approximately 0.11% of the total shares issued. This move is part of the company’s strategic efforts to enhance its market position and incentivize its stakeholders, reflecting its commitment to growth and leadership in the pharmaceutical and medical aesthetic industries.

More about Sihuan Pharmaceutical Holdings Group

Sihuan Pharmaceutical Holdings Group Ltd., founded in 2001 and listed on the Hong Kong Stock Exchange in 2010, is an international pharmaceutical and medical aesthetic company. It is recognized for its innovative approach, possessing a robust research and development platform, a diverse global product pipeline, and efficient production capabilities. The company is focused on advancing its medical aesthetics and biopharmaceutical businesses to establish itself as a leader in China’s healthcare sector.

YTD Price Performance: 63.64%

Average Trading Volume: 111,388,491

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$10.08B

Learn more about 0460 stock on TipRanks’ Stock Analysis 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