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SBP GROUP Plans to Repurchase Up to HKD2B Shares
Recommend 15 Positive 21 Negative 5 |
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SBP GROUP (01177.HK) announced that the board of directors of the Company has noted the recent volatility in the price of the shares of the Company and considered the value of the Company is currently grossly underestimated. The Board has decided to repurchase ordinary shares of the Company from the open market in order to boost investors’ confidence and enhance shareholders’ return as soon as possible for an aggregate consideration of not exceeding HK$2 billion over the next 12 months. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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