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Sunny Optical Technology (Group) Co ( (HK:2382) ) has provided an announcement.
Sunny Optical Technology has repurchased 15.84 million of its own shares on the open market between 8 and 28 January 2026 under an existing general mandate, representing about 1.447% of its issued share capital, for a total consideration of roughly HK$1.02 billion at an average price of about HK$64.11 per share. Funded from internal resources, the repurchased shares will be held as treasury stock for use in future equity incentive plans, a move the board says underlines confidence in the company’s business outlook while maintaining regulatory compliance and sufficient public float, although any further buybacks under the mandate will depend on market conditions and management discretion.
The most recent analyst rating on (HK:2382) stock is a Buy with a HK$88.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.
More about Sunny Optical Technology (Group) Co
Sunny Optical Technology (Group) Company Limited is a Hong Kong-listed optical component and module manufacturer, best known for producing lenses, camera modules and related optical products for consumer electronics and other imaging applications. The company operates primarily in the optics and optoelectronics industry, serving global smartphone, automotive and other high-tech markets that demand advanced imaging solutions.
Average Trading Volume: 11,194,862
Technical Sentiment Signal: Sell
Current Market Cap: HK$68.98B
Find detailed analytics on 2382 stock on TipRanks’ Stock Analysis page.