tiprankstipranks
Company Announcements

Yonghe Medical Group Adapts to New Treasury Share Rules

Yonghe Medical Group Adapts to New Treasury Share Rules

Yonghe Medical Group Co., Ltd. (HK:2279) has released an update.

Yonghe Medical Group Co., Ltd. is set to update its Memorandum and Articles of Association to align with new Hong Kong Stock Exchange rules on treasury shares, effective 11 June 2024. Shareholders will review and vote on the proposed amendments during the annual general meeting scheduled for 21 June 2024. The changes will allow the company to retain repurchased shares in treasury and establish a framework for their resale.

For further insights into HK:2279 stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
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
1