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Zylox-Tonbridge Announces Continued H Share Repurchase Plan

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Zylox-Tonbridge Announces Continued H Share Repurchase Plan

Elevate Your Investing Strategy:

Zylox-Tonbridge Medical Technology Co., Ltd. Class H ( (HK:2190) ) just unveiled an update.

Zylox-Tonbridge Medical Technology Co., Ltd. has announced its intention to continue its H share repurchase plan, adjusting the maximum repurchase amount to HKD650 million due to the rising price of its H shares. The company believes that this move will demonstrate confidence in its business outlook and create value for shareholders, while maintaining a solid financial position. The repurchase is subject to regulatory approval in China and will be conducted at the discretion of the Board, depending on market conditions.

More about Zylox-Tonbridge Medical Technology Co., Ltd. Class H

Zylox-Tonbridge Medical Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates in the medical technology industry, focusing on developing and providing advanced medical devices and solutions.

YTD Price Performance: 63.08%

Average Trading Volume: 141

Technical Sentiment Signal: Sell

Current Market Cap: €717.7M

See more data about 2190 stock on TipRanks’ Stock Analysis page.

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