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Fosun Tourism Group Announces Share Buy-Back and Delisting Plans

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Fosun Tourism Group Announces Share Buy-Back and Delisting Plans

Fosun Tourism Group ( (HK:1992) ) just unveiled an announcement.

Fosun Tourism Group has announced a proposed share buy-back and delisting under a scheme of arrangement, with a court hearing scheduled for January 2025 to finalize the details. The company is also seeking approval for a Controlling Shareholders Rollover Arrangement, which requires consent from the Executive and an ordinary resolution from disinterested shareholders.

More about Fosun Tourism Group

Fosun Tourism Group, incorporated in the Cayman Islands, operates in the tourism industry. The company is involved in offering travel-related products and services.

YTD Price Performance: -0.56%

Average Trading Volume: 9,375

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.09B

Find detailed analytics on 1992 stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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