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Yantai North Andre Juice Co. Cancels 7.8 Million Repurchased H Shares

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Yantai North Andre Juice Co. Cancels 7.8 Million Repurchased H Shares

Yantai North Andre Juice Co ( (HK:2218) ) has shared an announcement.

Yantai North Andre Juice Co., Ltd. has announced the cancellation of 7,800,000 repurchased H shares, which were approximately 9.94% of the total issued H shares and 2.23% of the total share capital as of the Repurchase Mandate Date. This move decreases the company’s total and registered capital by RMB7,800,000, potentially impacting its financial structure and shareholder value.

More about Yantai North Andre Juice Co

Yantai North Andre Juice Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the juice industry, primarily focusing on the production and distribution of fruit juices and related products.

YTD Price Performance: 10.83%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $359.1M

Learn more about 2218 stock on TipRanks’ Stock Analysis page.

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