RG8 Stabilizes in May with Key Stock Gains

VGI Partners Asian Investments Ltd (AU:RG8) has released an update.

Regal Asian Investments Ltd (RG8) has reported a stagnant net portfolio return for May 2024, with their Post-Tax Net Tangible Assets per share valued at $2.43, and a closing share price of $2.12. Key performance contributors included Japan’s Ulvac, Inc. and Nihon Kohden, both delivering strong earnings and positive business developments. Furthermore, RG8 actively managed its portfolio through a share buy-back program, purchasing approximately 5.8 million shares at an average of $2.06.

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