Chervon Holdings Buys Shares for Scheme

Chervon Holdings Limited (HK:2285) has released an update.

Chervon Holdings Limited has voluntarily announced the purchase of 580,000 shares for its Share Scheme at an average price of HK$17.559 per share, amounting to a total of approximately HK$10.18 million. This market acquisition represents a minor increase in the trustee-held shares to 0.1135% of the total issued shares. The Board retains the discretion to award these shares to selected participants and may instruct further purchases as part of the scheme.

For further insights into HK:2285 stock, check out TipRanks’ Stock Analysis page.