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Xtep International Holdings ( (HK:1368) ) has shared an announcement.
Xtep International Holdings announced that, subject to the satisfaction or waiver of conditions in its Dealer Manager Agreement, it intends to complete a concurrent repurchase of its 1.5% convertible bonds due 2026 with an aggregate principal amount of HK$500 million. Following settlement of the repurchase, these 2025 Convertible Bonds will cease to be outstanding as of 6 February 2026 and are expected to be delisted from the Vienna Stock Exchange around 10 February 2026, with the last trading day anticipated to be around 6 February 2026; the company cautioned shareholders and potential investors that completion of the repurchase is not guaranteed and they should exercise prudence when dealing in its securities.
The most recent analyst rating on (HK:1368) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on Xtep International Holdings stock, see the HK:1368 Stock Forecast page.
More about Xtep International Holdings
Xtep International Holdings Limited is a Hong Kong-listed sportswear company incorporated in the Cayman Islands, primarily engaged in the design, development, manufacture and sale of branded athletic footwear, apparel and accessories, with a focus on the Chinese and broader Asian markets.
Average Trading Volume: 8,117,409
Technical Sentiment Signal: Sell
Current Market Cap: HK$13.82B
For a thorough assessment of 1368 stock, go to TipRanks’ Stock Analysis page.