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An announcement from China Boqi Environmental (Holding) Co., Ltd. ( (HK:2377) ) is now available.
China Boqi Environmental (Holding) Co., Ltd. has completed a conditional voluntary cash offer to buy back 150,858,120 shares at HK$1.20 each, reducing its total issued shares from 1,005,720,799 to 854,862,679. This buy-back increased the shareholding interest of Mr. Zeng Concert Parties from approximately 27.71% to 32.59%, altering the company’s ownership structure and possibly strengthening Mr. Zeng’s influence in corporate decisions.
More about China Boqi Environmental (Holding) Co., Ltd.
China Boqi Environmental (Holding) Co., Ltd. operates in the environmental sector, focusing on providing environmental protection solutions. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange under the stock code 2377.
YTD Price Performance: 4.17%
Average Trading Volume: 91,214
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$984.6M
See more data about 2377 stock on TipRanks’ Stock Analysis page.
