Newborn Town expands share repurchase under RSU award scheme

Newborn Town Inc. announced a further share purchase under its RSU Award Scheme, with Three D Partners Limited acquiring an additional 1,612,000 shares from the market between November 17 and November 19, 2025. This latest acquisition follows a prior purchase of 105,550,000 shares between April 28, 2023, and April 25, 2025. The recent purchase represents approximately 0.11% of the existing total number of shares in issue.

The average consideration per share for this latest tranche was approximately HK$9.29, leading to a total consideration of approximately HK$14,981,920. Following this transaction, Three D Partners Limited now holds a balance of 83,955,403 shares under the RSU Award Scheme. These shares will be held until vested according to the scheme's terms.

The board expressed confidence that the ongoing share purchases underscore the company's positive business outlook and prospects, benefiting shareholders and maintaining a strong financial position. The company plans to continue reviewing and determining the timing of future share purchases at its discretion.