Hygeia jumps most in 16 months on plan for share buybacks, dividends
BUZZ-Hygeia jumps most in 16 months on plan for share buybacks, dividends ** Shares of Hygeia Healthcare Holdings 6078.HK jump 10.9% to HK$9.05, on course for the biggest one-day pct gain since February 2025
** Stock hit the highest point since June 15 and is on track to snap three straight sessions of declines
** The medical services provider approves a shareholder return plan to utilize 500 million yuan ($73.9 million) for delivering returns to its shareholders for each of the three financial years ending in December 2028 by way of share repurchase and dividend distribution
** Hygeia also says the number of its outpatient visits for the first five months rose 4% y/y to about 1.45 million, and the number of surgeries completed by the group was up 7.6% y/y at about 38,000
** YTD, stock down 30.3%, Hang Seng Healthcare Index .HSHCI down 16.4%
($1 = 6.7639 Chinese yuan renminbi)
(Reporting by Donny Kwok)
Recent news on Hygeia Healthcare Holdings
See all newsChina's Hygeia Healthcare H1 profit rises
Hygeia jumps most in 16 months on plan for share buybacks, dividends
Brief: Hygeia Healthcare Approves Shareholder Return Plan For FY2026-FY2028
Brief: Hygeia Healthcare Sees Revenue Of Group For Year RMB4,000 To RMB4,050 Million
Hygeia Healthcare rises on share buyback plan