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CATHAY PAC AIR Starts 3% Higher after Announcing ~$7B Repurchase of All Shares Held by Qatar Airways
Recommend 8 Positive 14 Negative 10 |
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CATHAY PAC AIR (00293.HK) announced that it will splurge HKD6.969 billion to repurchase all shares held by Qatar Airways, which accounts for approximately 9.57% of the company's total issued shares. This morning (6th), CATHAY PAC AIR started 3.01% higher at HKD11.62, with a pre-market trading volume of 1.824 million shares, involving HKD21.1949 million. AASTOCKS Financial News Website: www.aastocks.com |
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