The latest announcement is out from Skyworth Digital Holdings ( (HK:0751) ).
Skyworth Group Limited has announced a special general meeting to discuss and potentially approve a conditional cash offer to buy back up to 350 million shares at HK$3.11 per share. This move, facilitated by CLSA Limited, is part of the company’s strategy to manage its share capital and could have implications for shareholder value and market positioning.
More about Skyworth Digital Holdings
Skyworth Group Limited is a company incorporated in Bermuda with a primary focus on the electronics industry. The company is known for its production and distribution of consumer electronics, including televisions and other digital products, with a significant market presence in Hong Kong and beyond.
YTD Price Performance: -6.48%
Technical Sentiment Signal: Sell
Current Market Cap: $834.7M
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