Hollysys Automation Technologies Stock News

First Nine Months of Fiscal Year 2024  Financial Highlights Total revenues were $597.1 million, an increase of 2.5% compared to the comparable prior year period. Gross margin was 31.0%, compared to

First Half of Fiscal Year 2024 Financial Highlights Total revenues were $423.6 million, an increase of 2.1% compared to the comparable prior year period. Gross margin was 31.9%, compared to 36.1% fo

BEIJING , Feb. 8, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that, at an extraordinary general meeting of shareholders ("EG

HONG KONG--(BUSINESS WIRE)--Buyer Consortium (“the Consortium”) led by Dazheng Group Acquisition Limited (“Dazheng Group”) today issued the following statement reaffirming the merits of its of

HONG KONG--(BUSINESS WIRE)--Buyer Consortium (“the Consortium”) led by Dazheng Group Acquisition Limited (“Dazheng Group”) today issued the following public letter to shareholders of Hollysys

- Special Committee concluded Dazheng proposal was not superior after rigorous negotiations - Dazheng was unable to provide sufficient assurances around equity financing and last-minute introduction o

HONG KONG--(BUSINESS WIRE)--Buyer Consortium (“the Consortium”) led by Dazheng Group Acquisition Limited (“Dazheng Group”) today provided an update to Hollysys shareholders regarding recent ne

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hollysys Aut

-- Board recommends shareholders to vote "FOR" merger agreement for acquisition by Ascendent at $26.50/share BEIJING , Jan. 5, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI)

Company receives additional offers during "go-shop" period None of the offers received constitutes or would reasonably be expected to result in a Superior Proposal BEIJING , Dec. 27, 2023 /PRNewswire/

HONG KONG--(BUSINESS WIRE)--Buyer Consortium (“the Consortium”) led by Dazheng Group Acquisition Limited (“Dazheng Group”) today announces it has submitted an increased all-cash offer of US$29

Thanks to artificial intelligence (AI), automation stocks will in demand by investors throughout this year and into next. On December 11, Hollysys Automation Technologies (NASDAQ: HOLI ) announced tha

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hollysys Aut

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) to Ascendent Capital Partners for $2

Hollysys Automation Technologies Ltd.'s stock HOLI, +8.02% was up by 10% in premarket trading on Monday after it agreed to be taken private by Ascendent Capital Partners in a deal that values the comp