Jinxin Fertility announces proposed on-market share repurchase
Jinxin Fertility Group Limited has announced a proposed on-market share repurchase, intending to buy back its own shares to demonstrate confidence in its business outlook. The company believes the current trading price of its shares does not accurately reflect their intrinsic value or business prospects.
The company will utilize its repurchase mandate, granted at the annual general meeting on June 26, 2025, which allows for the repurchase of up to 274,470,604 shares, representing 10% of total issued shares. The proposed share repurchase will be conducted in the open market, with an aggregate price of not less than HK$100 million.
The board emphasizes that any exercise of the repurchase mandate will be subject to market conditions and their absolute discretion, with no assurance of timing, quantity, or price. Shareholders and potential investors are advised to exercise caution.
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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