Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Tianli International Holdings Limited ( (HK:1773) ).
Tianli International Holdings Limited has disclosed that its chairman, executive director and chief executive officer, Luo Shi, has increased his stake in the company by purchasing 1,000,000 shares on the open market, bringing his direct and indirect holdings to approximately 43.67% of the issued share capital (excluding already repurchased and treasury shares). On the same day, the company also executed an on-market repurchase of 200,000 shares to be held as treasury stock, with the board stating that both the insider purchase and the buyback reflect confidence in Tianli’s business outlook and are intended to enhance shareholder value, while confirming that the company continues to maintain sufficient public float under Hong Kong listing rules.
More about Tianli International Holdings Limited
Tianli International Holdings Limited is a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange under stock code 1773. It operates through a group structure with various subsidiaries, though the specific industry and core business lines are not specified in this announcement.
Average Trading Volume: 17,142,889
Technical Sentiment Signal: Sell
Current Market Cap: HK$4.9B
For detailed information about 1773 stock, go to TipRanks’ Stock Analysis page.