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The latest announcement is out from Yip’s Chemical Holdings ( (HK:0408) ).
Yip’s Chemical Holdings Limited has announced a supplemental update to its Annual Report for the year ended 31 December 2024. The company repurchased 10,024,000 shares at a cost of HK$14,833,500, which are held as treasury shares. The decision on whether to cancel or sell these shares will depend on market conditions and the company’s capital management needs. This move reflects the company’s strategic approach to capital management and compliance with relevant regulations.
More about Yip’s Chemical Holdings
Yip’s Chemical Holdings Limited operates in the chemical industry, focusing on the production and distribution of chemical products. The company is known for its diverse range of chemical solutions and has a market focus on maintaining robust capital management strategies.
Average Trading Volume: 201,613
Technical Sentiment Signal: Buy
Current Market Cap: HK$939.7M
Find detailed analytics on 0408 stock on TipRanks’ Stock Analysis page.