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The latest announcement is out from Yangzijiang Financial Holding Ltd. ( (SG:YF8) ).
Yangzijiang Financial Holding Ltd., a company incorporated in Singapore, has announced the cancellation of 193,527,600 treasury shares, which were previously unutilized. This move, effective from April 16, 2025, aims to enhance shareholder value by reducing the number of outstanding shares, thereby potentially increasing the value of remaining shares. The cancellation represents 5.56% of the company’s total ordinary shares before the cancellation and brings the number of treasury shares to zero, reflecting a strategic financial decision to optimize capital structure.
More about Yangzijiang Financial Holding Ltd.
YTD Price Performance: 63.10%
Average Trading Volume: 36,928,265
Technical Sentiment Signal: Sell
Current Market Cap: S$2.41B
See more insights into YF8 stock on TipRanks’ Stock Analysis page.