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Skyworth Digital Holdings ( (HK:0751) ) has shared an update.
Skyworth Group Limited has announced a conditional cash offer to buy back up to 350,000,000 shares at HK$3.11 per share. The offer document, which includes recommendations and advice from independent financial advisers, has been dispatched to shareholders. The Special General Meeting (SGM) to consider and approve the offer is scheduled for May 23, 2025, with the offer closing on June 6, 2025. This buy-back could impact the company’s share value and market positioning, offering potential benefits to shareholders.
More about Skyworth Digital Holdings
Skyworth Group Limited is a company incorporated in Bermuda with limited liability, primarily involved in the electronics industry. It focuses on the production and sale of consumer electronics, including televisions and other digital products, with a market focus on Hong Kong and other regions.
YTD Price Performance: -6.48%
Technical Sentiment Signal: Sell
Current Market Cap: $834.8M
For an in-depth examination of 0751 stock, go to TipRanks’ Stock Analysis page.