tiprankstipranks
Smoore Boosts Share Award Scheme with New Purchase
Company Announcements

Smoore Boosts Share Award Scheme with New Purchase

Smoore International Holdings Limited (HK:6969) has released an update.

Don't Miss our Black Friday Offers:

Smoore International Holdings Limited has announced the purchase of 7,407,000 shares for its Share Award Scheme at an average price of HK$8.6661 per share, amounting to a total consideration of approximately HK$64.2 million. This acquisition, part of the scheme adopted on 2 September 2021, increases the Trustee’s holdings to about 1.4612% of the company’s total shares. The move aims to facilitate the granting of shares to eligible participants selected by the company’s board or committee.

For further insights into HK:6969 stock, check out TipRanks’ Stock Analysis page.

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