Sign up
Log in
Shengfeng Development CEO Purchases 500K Class A Ordinary Shares In The Open Market At An Average Price Of $1.289 Per Share
Share
Listen to the news

Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ:SFWL), a contract logistics company in China providing customers with integrated logistics solutions, today announced that Mr. Yongxu Liu, the Company's Chairman, Chief Executive Officer and the largest beneficial shareholder of the Company, has purchased 500,000 Class A ordinary shares of the Company in the open market at an average price of $1.289 per share (the "Shares").

The purchases of Shares were made on October 14, 2024 and October 15, 2024.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
Related Lessons

Need-to-knows about Stock Splits

Stock split is a corporate action in which a company increases shares to existing shareholders without changing their equity.

64066 Views

Shareholder

Shareholder is someone who owns shares in a corporation.

11585 Views

Stock split

Stock split occurs when a company issues new stock shares, lowering the market price of the stock to the price it was before the split.

11824 Views
What's Trending
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.