FilingReader Intelligence

Newborn Town Inc. continues share buyback under RSU scheme

April 3, 2025 at 05:08 PM UTCBy FilingReader AI

Newborn Town Inc. (HKEX:9911) announced that Three D Partners Limited, acting on behalf of the company, purchased an additional 2,578,000 shares between March 31, 2025, and April 3, 2025. These purchases are part of the ongoing RSU Award Scheme. The average consideration per share was approximately HK$6.05, totaling approximately HK$15,607,100.00. This latest buyback increases the total shares held by Three D Partners Limited under the RSU Award Scheme to 67,578,752. The company believes the share purchase reflects confidence in its business outlook and will benefit shareholders. The Board affirmed that the company's financial resources enable it to continue the Share Purchase while maintaining a solid financial position.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

HKEX:9911Hong Kong Exchange

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