Hangzhou SF Intra-city Repurchases, Cancels 16 Million Shares

MT Newswires Live08-07

Hangzhou SF Intra-city Industrial (HKG:9699) canceled the 16,082,200 H shares it repurchased between Nov. 30, 2023, and July 26 on Tuesday, a same-day bourse filing stated.

Following the cancellation, the company now has 917,375,507 shares in issue, comprising 745,610,609 H shares and 171,764,898 domestic shares.

Shares of the logistics services provider closed nearly 5% higher on Wednesday.

Price (HKD): $10.06, Change: $+0.46, Percent Change: +4.79%

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

We need your insight to fill this gap
Leave a comment