piratepaysslot| WuXi Biotech (02269): On May 7, it spent HK$19.8292 million to repurchase 1.37 million shares
Newsletter summary
Yao Ming Bio (02269) invested 1982 on May 7, 2024.PiratepaysslotHK $920, 000PiratepaysslotTo 14Piratepaysslot1.37 million shares were repurchased at the price of HK $4-HK $14.6 per share.
Text of news flash
[Yao Ming Bio spent HK $19.8292 million to buy back 1.37 million shares]
Yao Ming Bio (02269) completed the stock buyback. According to the latest announcement, the company successfully bought 1.37 million shares of the company at a price of HK $14.4-HK $14.6 per share on May 7, 2024, with a cumulative payment of HK $19.8292 million.
The stock buyback operation further highlightsPiratepaysslotYao Ming biology's confidence in the company's future development prospects. At the same time, it also reflects that the company attaches importance to the interests of shareholders, through the repurchase of shares to improve earnings per share and enhance shareholder value.
In addition, Yao Ming Bio's stock buyback strategy also reflects its sound cash flow management strategy. For investors, this round of share buybacks may be seen as an expression of the value of the company, further stimulating investor confidence.
As a leading company in drug research and development, its financial strategy and market dynamics have always attracted much attention. This stock buyback will undoubtedly cause the widespread concern of investors in the secondary market.
