QYUNS-B (02509) has repurchased 2.4878 million ordinary shares as treasury stocks.
Champion Real Estate Investment Trust (02509) issued a statement, stating that the board of directors believes the current stock price significantly undervalues the company.
QYUNS-B (02509) announcement, the board of directors of the company believes that the current stock price of the company significantly undervalues the company's worth. With full confidence in the future development prospects of the company and a high recognition of the company's intrinsic value, in order to continuously enhance market confidence in the company and increase the investment value of the company, in accordance with the shareholder authorization granted to the directors of the company at the shareholders' annual meeting held on June 20, 2025, the company has repurchased a total of 2.4878 million ordinary shares from the Hong Kong Stock Exchange from November 6, 2025 to the date of this announcement as treasury shares. The repurchased shares account for approximately 1.10% of the company's existing issued share capital as of the date of this announcement. The total amount involved in the repurchase as of the date of this announcement is approximately HK$50.75 million (excluding commissions and other expenses).
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