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Ligao FoodsLtd (SZSE:300973) Could Be Struggling To Allocate Capital
Lihigh Foods (300973.SZ): has repurchased a total of 1.07% of its shares.
On January 2, Gelonghui announced that as of December 31, 2024, the company has cumulatively repurchased 1,813,777 shares through its designated Share Buyback securities Account via centralized bidding, accounting for 1.07% of the company's current total share capital (based on the total share capital of 169,340,419 shares after the market close on December 31, 2024). The highest Fill Price for the buyback was 38.23 yuan/share, the lowest Fill Price was 25.75 yuan/share, and the total amount of the buyback was 60.49395 million yuan (excluding transaction costs).
Lihigh Foods (300973.SZ): intends to acquire part of the equity of minority Shareholders in its controlling subsidiary Guangdong Liao.
On December 25, Gelonghui reported that Ligao Foods (300973.SZ) announced that recently, Mr. Li Guorong, a Shareholder of Guangdong Liaao, applied to resign and withdraw all his equity in Guangdong Liaao. The company held the 12th meeting of the third Board of Directors on December 24, 2024, to review and approve the "Proposal on the Transfer of Minority Shareholder Equity of the Controlling Subsidiary and Related Transactions," agreeing to sign the "Equity Transfer Agreement" with Mr. Li Guorong, and agreeing that Mr. Li Guorong will transfer his investment of 0.5 million yuan in Guangdong Liaao (accounting for 1% of the registered capital of Guangdong Liaao, with a paid-in capital of 0.5 million yuan) for 353,397.54.
Why Investors Shouldn't Be Surprised By Ligao Foods Co.,Ltd.'s (SZSE:300973) 26% Share Price Surge
Ligao Foods Co.,Ltd.'s (SZSE:300973) Market Cap Increased by CN¥490m, Insiders Receive a 56% Cut
LeTao Food (300973.SZ) plans to distribute a cash dividend of 2 yuan per 10 shares, with ex-rights and ex-dividends on December 2nd.
Ligao Food (300973.SZ) announced that the company's equity distribution plan for the first three quarters of 2024: to distribute to all shareholders each...
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