Health yuan to buy back nearly 2% shares today's volume rose nearly 8%

Source: Internet
Author: User
Keywords Shares
Tags company compared finance group market net net assets net profit
NetEase Finance January 18 Health Yuan today released 2010 Performance Letters, 2010, the company realized operating income of 4.474 billion yuan, an increase of 21.49%, net profit of 745 million yuan, an increase of 53.47%, equivalent to 0.56 yuan per share, net assets yield of 19.42%.  The company said that the main subsidiary of Jiaozuo Health Yuan, the coastal pharmaceutical and the performance of the Pearl Group in 2009 compared to a sharp increase. In addition, the Health Yuan has also launched a share repurchase scheme of up to $300 million.  The announcement indicated that the health yuan proposed that the total repurchase fund should not exceed 300 million yuan and the repurchase share price not exceeding 12 yuan/unit, the repurchase shares should not exceed 25 million shares of the social public shares, and the repurchase share ratio accounted for about 1.8976% of the total issued share capital of the company. The company said the intention was to boost investor confidence in the company. The bulletin said that in recent years, through continuous reform and innovation, the company's operating capacity to improve steadily, the profitability of the rapid growth, while the recent period of the company's share price in the stock market has continued to fall, price performance and the company's intrinsic value is very inconsistent, the company's investment value is seriously underestimated This not only undermines the company's good image in the capital market, but also causes some damage to the interests of all shareholders.  Therefore, the company intends to repurchase part of the shares in order to enhance public investors confidence in the company, and further enhance the value of the company to achieve maximum shareholder benefits. Reference to historical data shows that this repurchase is conducive to improve the value of the company's assets. According to the third quarter of 2010, the amount of the repurchase funds used up, accounting for about 4.29% of the total assets of the company, the company belongs to the shareholders of the listed companies 8.13%, Money 27.17%, liquid assets 8.76%.  After the repurchase was completed, earnings per share increased by about 1.93%, and net assets yield increased by about 1.37%.  Second-tier market, today, the shares of the high drive, the largest increase of 9%, the end of the closing price of 11.82 yuan, or 7.56%, turnover of 496 million yuan, turnover is weekday several times. Related news Health Yuan proposed repurchase nearly 2% shares unwilling value is seriously underestimated

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