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Skyworth Digital Holdings ( (HK:0751) ) has issued an update.
Skyworth Group Limited has announced the successful passing of an ordinary resolution at a Special General Meeting, allowing the company to proceed with a conditional cash offer to buy back up to 350 million shares at HK$3.11 per share. This move, facilitated by CLSA Limited, aims to enhance shareholder value and reflects the company’s strategic efforts to optimize its capital structure, which could positively impact its market positioning and stakeholder interests.
More about Skyworth Digital Holdings
Skyworth Group Limited is a company incorporated in Bermuda, primarily engaged in the electronics industry. It focuses on the production and distribution of digital set-top boxes, televisions, and other consumer electronics, with a significant market presence in Hong Kong.
Average Trading Volume: 8,837,775
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$6.79B
See more data about 0751 stock on TipRanks’ Stock Analysis page.