Muyuan Foods Group (02714) plans to invest 300 million to 500 million Hong Kong dollars to repurchase H shares.

date
20:22 25/06/2026
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GMT Eight
Mingyuan Holdings (02714) announced that at the 17th meeting of the Fifth Board of Directors held on June 25, 2026, the board of directors reviewed and approved a H-share repurchase plan (H-share repurchase plan) with a total amount of not less than HKD 3 billion and not more than HKD 5 billion (including this amount).
Muyuan Foods Group (02714) announced that at the 17th meeting of the fifth board of directors held on June 25, 2026, the board of directors deliberated and approved a share buyback program (H-share buyback program) with a total amount not less than HK$300 million and not more than HK$500 million. Based on the firm confidence in the future development prospects of the company and the high recognition of the company's value, in order to further protect shareholder rights and enhance investor confidence, the company plans to repurchase its H-shares after considering the business development prospects, operating conditions, financial situation, future profit capabilities, and recent performance of the company's H-shares in the secondary market. The repurchased H-shares will be held as treasury shares.