LINKLOGIS-W (09959) intends to use no less than 80 million US dollars to repurchase shares.

LINKLOGIS-W (09959) announced that its board of directors has decided to exercise the power under the general mandate given to the board by the company's shareholders on June 17, 2025, to repurchase the company's Class B ordinary shares, and to use a minimum of $80 million USD to repurchase shares within 12 months from the date of this announcement. The board may also decide to further utilize the share repurchase authorization depending on market conditions. The announcement stated that the current trading price of the shares does not reflect their intrinsic value or the company's business prospects. The share repurchase proposal reflects the board and management team's confidence in the company's continued and robust growth around core strategies such as "AI + industrial finance" and digital assets. The board believes that the proposed share repurchase is in the overall best interests of the company and its shareholders. The company will fund the proposed share repurchase through its existing cash reserves and free cash flow.