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Skyworth Digital Holdings ( (HK:0751) ) has provided an announcement.
Skyworth Group Limited has successfully closed its cash offer to buy back up to 350,000,000 shares at HK$3.11 per share, with a total of 341,262,688 shares accepted, representing approximately 15.28% of the total issued shares. This buy-back, amounting to HK$1,061.3 million, is expected to impact the company’s share capital structure and potentially enhance shareholder value.
More about Skyworth Digital Holdings
Skyworth Group Limited is a company incorporated in Bermuda with limited liability, operating in the electronics industry. It is primarily focused on the production and distribution of digital display products and consumer electronics, with a significant market presence in Hong Kong.
Average Trading Volume: 8,503,886
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$6.86B
For a thorough assessment of 0751 stock, go to TipRanks’ Stock Analysis page.