tiprankstipranks
Trending News
More News >

United Laboratories Announces HK$200 Million Share Buy-Back Plan

Story Highlights
United Laboratories Announces HK$200 Million Share Buy-Back Plan

The United Laboratories International Holdings ( (HK:3933) ) has issued an announcement.

The United Laboratories International Holdings Limited has announced a proposed share buy-back under a general mandate, with plans to repurchase up to HK$200 million worth of ordinary shares in the open market. This initiative, financed by internal cash, aims to enhance the value of shares and improve shareholder returns, though its execution will depend on market conditions.

More about The United Laboratories International Holdings

The United Laboratories International Holdings Limited is a company incorporated in the Cayman Islands, operating in the pharmaceutical industry. It is involved in the production and distribution of pharmaceutical products.

YTD Price Performance: 12.70%

Average Trading Volume: 9,827

Technical Sentiment Signal: Strong Sell

Current Market Cap: $3.32B

For a thorough assessment of 3933 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App