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Smoore International Holdings Limited ( (HK:6969) ) just unveiled an update.
Smoore International Holdings Limited announced a share purchase under its Share Award Plan, acquiring 7,991,000 shares at an average price of approximately HK$12.4835, totaling around HK$99.76 million. This move increases the number of shares held by the Trustee to 95,741,030, representing about 1.5457% of the total shares in issue, and reflects the company’s commitment to incentivizing eligible participants through share awards, potentially impacting its market position and stakeholder interests.
The most recent analyst rating on (HK:6969) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Smoore International Holdings Limited stock, see the HK:6969 Stock Forecast page.
More about Smoore International Holdings Limited
Smoore International Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the industry of electronic atomization technology. The company focuses on the development and production of vaping devices and components, serving a global market with its innovative products.
Average Trading Volume: 20,883,858
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$70.61B
For an in-depth examination of 6969 stock, go to TipRanks’ Overview page.