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BOE Technology Group's (SZSE:000725 Three-year Decrease in Earnings Delivers Investors With a 6.7% Loss
BOE A (000725.SZ): First repurchase of 11.5 million shares, costing 50.3325 million yuan.
On November 22, Gelonghui reported that BOE Technology Group Co., Ltd. (000725.SZ) announced that on November 22, 2024, it will first repurchase its shares through a dedicated securities account using a centralized bidding method. The number of A shares to be repurchased is 11,500,000 shares, accounting for approximately 0.0311% of the company's A shares and approximately 0.0305% of the company's total share capital. The highest fill price for this repurchase is 4.38 yuan/share, and the lowest fill price is 4.37 yuan/share, with a total payment amount of 50,332,500 yuan (excluding trading fees). This repurchase complies with relevant laws and regulations.
Denon Securities: Focus on the overall valuation improvement opportunities in the photovoltaic market. Fundamental improvement is the icing on the cake.
The National Energy Administration has released the statistics of the national electrical utilities industry from January to September. From January to September 2024, the newly installed capacity of photovoltaics in China was 160.88 GW, a year-on-year increase of 24.77%. Among them, in September, the newly added photovoltaic capacity was 20.89 GW, with a year-on-year increase of 32.38%.
Express News | BOE Technology Says It Plans to Buy Back up to 1 Bln Yuan Worth of Company a-Shares Within Six Months
BOE A (000725.SZ): Receives financing support to repurchase company shares.
CLC 13th November | JD.com A (000725.SZ) announced that it has received a 'Loan Commitment Letter' issued by the Industrial and Commercial Bank of China, Beijing Branch, promising to provide 0.7 billion yuan to the company, not exceeding 70% of the repurchase transaction price, for the company's share repurchase.
BOE Technology Group (SZSE:000725) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of