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Why Investors Shouldn't Be Surprised By FangDa Carbon New Material Co.,Ltd's (SHSE:600516) 35% Share Price Surge
Fangda Carbon New Material (600516.SH): Intends to adjust the upper limit of the repurchase price from 4.33 yuan per share to 6.33 yuan per share.
Gelonghui October 7th │ Fangda Carbon New Material (600516.SH) announced that in order to ensure the smooth implementation of the share repurchase program, the company plans to adjust the upper limit of the repurchase price from RMB 4.33 per share (inclusive) to RMB 6.33 per share (inclusive). In addition to the above adjustment to the upper limit of the repurchase price, the other contents of the repurchase program remain unchanged.
FangDa Carbon New Material Co.,Ltd's (SHSE:600516) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Fangda Carbon (600516.SH): plans to spend 500 million yuan to 1 billion yuan to repurchase shares.
On September 18th, Fangda Carbon (600516.SH) announced that the company plans to repurchase shares to maintain the company's value and shareholder equity. The amount of shares to be repurchased is not less than RMB 0.5 billion (inclusive), and not more than RMB 1 billion (inclusive), with a repurchase price not exceeding RMB 4.33 per share (inclusive).
Investors Could Be Concerned With FangDa Carbon New MaterialLtd's (SHSE:600516) Returns On Capital
Fangda Carbon's H1 Profit Drops 39% as Operating Income Slips 10%
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