总回报掉期交易
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医渡科技(02158)近一月10次回购 耗资近2250万港元
智通财经网· 2025-10-24 12:43
智通财经APP获悉,根据医渡科技(02158)最新公告,公司于10月24日再次回购股份,单日斥资约12万港 元购回2.12万股。 公开信息显示,医渡科技已连续6个交易日回购。9月26日至今,该股已完成10次回购,累计购回超过 388万股普通股,累计回购金额近2250万港元。 消息面上,医渡科技23日发布公告,宣布其附属公司与总回报掉期对手方订立了一项最高股本名义金额 约为5440.47万港元的总回报掉期交易,交易期限约为3年,对手方为高盛。公告指出,此次总回报掉期 交易的目的是为了对冲医渡科技未来股价升值的风险。董事会认为,通过该交易可以有效降低因购买股 份而产生的成本及现金流支出带来的风险,特别是在首次公开发售后的股份奖励计划中可能面临的价格 上升风险。 分析人士认为,医渡科技选择在当前签订总回报掉期交易,表明管理层对公司未来股价的升值潜力持乐 观态度。通过在低点获取股票,可以对冲因股价升值而导致的成本增加风险,体现了公司积极的风险管 理策略。 截至10月24日收盘,医渡科技股价报5.74港元,涨2.87%。 ...
股价被低估!医渡科技签订总回报掉期交易对冲升值风险
Zhi Tong Cai Jing· 2025-10-23 13:38
Core Viewpoint - The announcement by Yidu Tech (02158) regarding a total return swap transaction with Goldman Sachs indicates a strategic move to hedge against future stock price appreciation risks, reflecting management's optimistic outlook on the company's valuation potential [1] Group 1: Total Return Swap Transaction - Yidu Tech's subsidiary entered into a total return swap transaction with a nominal equity amount of HKD 54.4047 million, with a duration of approximately three years [1] - The purpose of this transaction is to mitigate the risk of stock price appreciation, particularly in relation to the potential costs and cash flow impacts associated with a share incentive plan post-IPO [1] Group 2: Stock Buyback and Valuation - Yidu Tech has been actively repurchasing shares, having bought back over 3.86 million ordinary shares at a total cost exceeding HKD 22 million since September 26 [1] - Analysts believe that the company's stock is significantly undervalued based on price-to-book ratios and the latest valuations of its international business and key asset reserves, excluding conservative estimates of domestic operations [1] Group 3: Management's Optimistic Outlook - The decision to enter into the total return swap transaction suggests that the management is optimistic about the company's future stock price appreciation potential [1] - By acquiring shares at a low point, the company aims to hedge against the risk of increased costs due to stock price appreciation, demonstrating a proactive risk management strategy [1]
医渡科技附属与总回报掉期对手方订立总回报掉期交易
Zhi Tong Cai Jing· 2025-10-23 13:12
Core Viewpoint - The company, Yidu Tech (02158), has announced a total return swap transaction with a nominal amount of approximately HKD 54.4047 million, aimed at hedging against future stock price appreciation risks [1] Group 1: Transaction Details - The total return swap transaction was established on October 23, 2025, with a maximum nominal amount of approximately HKD 54.4047 million, converted from USD at the current exchange rate on the announcement date [1] - The transaction is intended to mitigate the risks associated with potential increases in the company's stock price [1] Group 2: Strategic Rationale - The company faces increased costs and cash flow expenditures related to funding share purchases, which heightens the risk of stock price appreciation [1] - The board believes that entering into the total return swap transaction may help hedge against the price increase risks associated with shares purchased under the post-IPO share award plan [1]
医渡科技(02158)附属与总回报掉期对手方订立总回报掉期交易
智通财经网· 2025-10-23 13:07
Core Viewpoint - The company, Yidu Tech (02158), has announced a total return swap transaction with a nominal amount of approximately HKD 54.4047 million, aimed at hedging against future stock price appreciation risks [1] Group 1: Transaction Details - The total return swap transaction is set to be executed on October 23, 2025 [1] - The nominal amount of the transaction is approximately HKD 54.4047 million, converted from USD at the current exchange rate as of the announcement date [1] Group 2: Purpose of the Transaction - The company aims to hedge against the risk of stock price appreciation that may arise from costs and cash flow expenditures related to purchasing shares [1] - The board believes that entering into the total return swap transaction may help mitigate the price increase risk associated with shares acquired under the post-IPO share award plan [1]