Kingmaker Footwear Announces Share Purchase Under Award Scheme
Kingmaker Footwear Holdings (HK:1170) has announced a voluntary share purchase under its Share Award Scheme, acquiring 1,000,000 shares at an average price of HK$0.52, increasing the Trustee's holdings to 10,602,000 shares (1.579% of total shares). The Board will review the number of awarded shares for participants. The latest analyst rating for HK:1170 is a Hold with a price target of HK$0.50. Kingmaker Footwear operates in the footwear industry and is listed on the Hong Kong Stock Exchange, with a current market cap of HK$331.2M.
The latest update is out from Kingmaker Footwear Holdings ( (HK:1170) ).
Kingmaker Footwear Holdings Limited has announced a voluntary share purchase under its Share Award Scheme. The Trustee acquired 1,000,000 shares, representing approximately 0.149% of the total shares in issue, at an average price of HK$0.52 per share. This purchase increases the Trustee’s holdings to 10,602,000 shares, or 1.579% of the total shares in issue. The Board will continue to review and determine the number of awarded shares to be distributed to selected participants under the scheme.
The most recent analyst rating on (HK:1170) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kingmaker Footwear Holdings stock, see the HK:1170 Stock Forecast page.
More about Kingmaker Footwear Holdings
Kingmaker Footwear Holdings Limited is a company incorporated in Bermuda with limited liability, primarily operating in the footwear industry. The company is listed on the Hong Kong Stock Exchange and focuses on the production and distribution of footwear products.
Average Trading Volume: 380,489
Technical Sentiment Signal: Sell
Current Market Cap: HK$331.2M
For an in-depth examination of 1170 stock, go to TipRanks’ Overview page.
