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 reported that its chairman, executive director and CEO, Luo Shi, has increased his stake in the company by purchasing 1,000,000 shares on the open market at an average price of about HK$2.41 per share, bringing his direct and indirect holdings to approximately 43.56% of the issued share capital, excluding repurchased and treasury shares. On the same day, the company also repurchased 200,000 of its own shares on the open market to be held as treasury shares, a move the board says reflects confidence in the group’s business outlook and is intended to enhance shareholder value, while confirming that sufficient public float is maintained and signaling the possibility of further share purchases and buybacks in line with regulatory requirements.
More about Tianli International Holdings Limited
Tianli International Holdings Limited is a Cayman Islands–incorporated company listed on the Hong Kong Stock Exchange under stock code 1773. The announcement does not specify its industry, core products, or primary business lines, and focuses instead on capital market transactions involving its shares.
Average Trading Volume: 17,071,902
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.04B
For an in-depth examination of 1773 stock, go to TipRanks’ Overview page.