DL Holdings GP (01709) plans to repurchase company shares.
Drin Holdings (01709) announced that the board of directors intends to use the company's existing share repurchase authorization to repurchase company shares in the open market within 12 months from the date of the announcement. The planned purchase will be approximately 1.17 billion Hong Kong dollars and the funds will be disbursed from the net proceeds of the unused funds and other available cash reserves of the group (if applicable).
DL HOLDINGS GP (01709) announced that the board of directors intends to utilize the company's existing share repurchase authorization to repurchase company shares in the open market over a period of 12 months starting from the date of this announcement. The company plans to repurchase shares with an estimated value of approximately HK$1.17 billion, using funds derived from the proceeds that have not been utilized and other available cash reserves of the group (if applicable).
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