tiprankstipranks
Gaush Meditech Ltd Expands Share Award Scheme with Significant Share Purchase
Company Announcements

Gaush Meditech Ltd Expands Share Award Scheme with Significant Share Purchase

Story Highlights
  • Gaush Meditech operates in medical technology, offering innovative healthcare solutions.
  • The company purchased 1.22% of its shares to incentivize participants and show confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Gaush Meditech Ltd. ( (HK:2407) ) just unveiled an update.

Gaush Meditech Ltd has announced a voluntary update regarding its share award scheme, wherein the Trustee has purchased 1,799,600 shares, amounting to approximately 1.22% of the total shares issued, for HK$17.92 million. This share purchase is designed to incentivize eligible participants and reflects the company’s confidence in its business outlook.

More about Gaush Meditech Ltd.

Gaush Meditech Ltd is a company incorporated in the Cayman Islands with limited liability, listed on the Hong Kong Stock Exchange. It operates in the medical technology industry, focusing on providing innovative healthcare solutions, likely involving medical devices or related services.

YTD Price Performance: -7.63%

Average Trading Volume: 1,354,779

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$1.34B

See more insights into 2407 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles