Shanghai Haohai Announces A Share Repurchase Plan
Company Announcements

Shanghai Haohai Announces A Share Repurchase Plan

Shanghai Haohai Biological Technology Co., Ltd. Class H (HK:6826) has released an update.

Shanghai Haohai Biological Technology Co., Ltd. has announced a repurchase plan for its A Shares to boost investor confidence and align interests among shareholders, the company, and employees. The repurchases will be conducted through centralized bidding trading on the Shanghai Stock Exchange’s Sci-Tech Innovation Board within a 12-month period, with a focus on utilizing the repurchased shares for future employee stock ownership plans or equity incentive schemes.

For further insights into HK:6826 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!