• Like
  • Comment
  • Favorite

Jonjee Hi-Tech's Total Shares to Decline After Share Buyback

MT Newswires Live09-09 16:39

Jonjee Hi-Tech Industrial and Commercial's (SHA:600872) total share capital will decline after the company repurchases and cancels 3.3 million restricted shares, according to a Wednesday disclosure on the Shanghai bourse.

The restricted shares previously belonged to 218 employees, who have resigned.

The total number of shares will be trimmed to almost 771 million shares from 774.3 million shares.

The Chinese food seasoning manufacturer's shares fell 2% at the close.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24