SEHK:2367Personal Products
Giant Biogene Holding (SEHK:2367): Assessing Valuation After Launching a 10% Share Buyback Program
Giant Biogene Holding (SEHK:2367) has kicked off a sizeable share repurchase program, with approval to buy back up to 10% of its share capital. This move puts capital allocation firmly in the spotlight for investors.
See our latest analysis for Giant Biogene Holding.
The buyback comes after a tough stretch, with a 90 day share price return of negative 41.32 percent, but a recent 4.40 percent 7 day share price return around HK$36.06 hints that sentiment may be stabilising rather than sliding...