BOE Technology Group Co., Ltd. announced on November 5 that minority stake buybacks will be prioritized in its cash flow allocation strategy, particularly as capital expenditures decline and cash flow improves. The company has already completed a capital reduction for its Wuhan 10.5-generation production line in the first half of the year. Moving forward, BOE will assess opportunities to repurchase minority stakes based on operational performance and cash flow conditions. Further updates will be disclosed through official company announcements.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments