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Ocean's King Lighting Science & Technology Co., Ltd (SZSE:002724) Investors Are Less Pessimistic Than Expected
It's not a stretch to say that Ocean's King Lighting Science & Technology Co., Ltd's (SZSE:002724) price-to-sales (or "P/S") ratio of 2.2x right now seems quite "middle-of-the-road" for companies in
Ocean's king lighting science & technology (002724.SZ): buyback completed, cumulatively spending 89.9385 million yuan to repurchase 2.17% of the shares.
On June 7th, Gelonhui reported that Ocean's King Lighting Technology (002724.SZ) has completed the share repurchase plan. As of June 6, 2024, the company repurchased 16,731,052 shares of its own stock, accounting for 2.1686% of the company's total share capital, through a stock repurchase special securities account using centralized bidding trading method, with a highest fill price of 6.60 yuan/share and a lowest fill price of 4.48 yuan/share, for a total payment of 89.9385 million yuan (excluding transaction costs).
Ocean's king lighting science & technology (002724.SZ): has repurchased 1.87% of the shares.
On June 3rd, Gelunhui reported that Ocean's King Lighting Science & Technology (002724.SZ) announced that as of May 31, 2024, the company had repurchased 14,430,952 shares through centralized bidding, accounting for 1.8705% of the company's total share capital; the highest fill price was 6.60 yuan/share, the lowest fill price was 4.48 yuan/share, and the fill amount was 78,751,783.25 yuan (excluding transaction fees).
Ocean King (002724.SZ) 2023 equity distribution: 0.40 yuan for every 10 shares
Ocean King (002724.SZ) announced that the company's 2023 equity distribution plan is: to all shareholders...
Ocean King (002724.SZ): 1.75% of shares have been repurchased cumulatively
Gelonghui, May 6, 丨 Ocean King (002724.SZ) announced that as of April 30, 2024, the company had repurchased 13,529,752 shares through centralized bidding, accounting for 1.7537% of the company's total share capital; the highest transaction price was 6.60 yuan/share, the lowest transaction price was 4.48 yuan/share, and the transaction amount was 73.9891 million yuan (excluding transaction fees).
Some Investors May Be Willing To Look Past Ocean's King Lighting Science & Technology's (SZSE:002724) Soft Earnings
The market was pleased with the recent earnings report from Ocean's King Lighting Science & Technology Co., Ltd (SZSE:002724), despite the profit numbers being soft. We think that investors might be
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