CREALITY (03388) plans to repurchase US$50 million of H shares.
CREALITY (03388) announced that, pursuant to the general mandate to repurchase H shares approved by the Company's shareholders at the Company's annual general meeting held on June 30, 2026, the Company intends to repurchase its H shares in the open market from time to time during the period from the date of this announcement to March 31, 2027, for an aggregate amount of up to US$50 million or its equivalent in Hong Kong dollars.
CREALITY (03388) announced that, pursuant to the general mandate to repurchase H shares approved by the Company's shareholders at the Company's annual general meeting held on June 30, 2026, the Company intends to repurchase its H shares on the open market from time to time during the period from the date of this announcement to March 31, 2027, for an aggregate amount of up to US$50 million or its equivalent in Hong Kong dollars.
The Board believes that, under the current circumstances, the share repurchase will demonstrate the Company's confidence in its own business prospects and outlook, and will ultimately benefit the Company and its shareholders. The Board also believes that the Company's current financial resources will enable it to maintain a sound financial position while implementing the share repurchase.
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