FriendTimes share award scheme exceeds purchase milestones
FriendTimes Inc. has reported that its share award scheme has achieved notable milestones in share acquisitions. during the third quarter of 2025, the cumulative shares purchased by the trustee under the scheme surpassed 0.03% of the company's total share capital.
Furthermore, for the period spanning from august 28, 2023, to september 30, 2025, the total shares acquired by the trustee within the share award scheme reached approximately 3.7% of FriendTimes Inc.'s total share capital. these purchases are executed by a trust institution, acting on the company's instructions, to buy shares directly or indirectly from the market.
the board of directors believes these share purchases underscore the company's confidence in its business outlook and prospects. the scheme is also strategically designed to attract talent and align key employees' interests with the company's long-term sustainable growth objectives. the announcement was made in Hong Kong by order of the board, with Mr. Jiang Xiaohuang as chairman and executive director.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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