Fosun Pharma Buys Back More Shares Worth Nearly 7 Million Yuan

MT Newswires Live09-20

Shanghai Fosun Pharmaceutical (HKG:2196, SHA:600196) bought back 314,900 shares from the open market on Friday for nearly 7 million yuan, a same-day bourse filing said.

The pharmaceutical company repurchased the shares for the highest and lowest price of 22.38 yuan and 22.11 yuan per share, respectively.

The repurchased shares will be held as treasury shares.

Hong Kong-listed shares of the firm closed over 1% higher on Friday.

Price (HKD): $12.30, Change: $+0.16, Percent Change: +1.32%

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