TONGSHIFU (00664) plans to invest no more than HKD 118 million to repurchase H shares.
Copper Master (00664) announced that, based on confidence in the company's future development prospects and recognition of the company's long-term value, the board of directors or its authorized representatives intend to allocate no more than HKD 118 million of its own funds to repurchase H shares, starting from the date of this announcement until the expiration of the share repurchase authorization, in order to safeguard the interests of shareholders and enhance investor confidence. The H shares repurchased under the share repurchase authorization may be cancelled or held as treasury shares.
TONGSHIFU (00664) announced that, based on its confidence in the company's future development prospects and recognition of its long-term value, in order to protect the interests of shareholders and enhance investor confidence, the board of directors or its authorized representatives intend to use up to HKD 118 million of its own funds to repurchase H shares in accordance with the share repurchase authorization from the date of this announcement until the expiration of the share repurchase authorization. The H shares repurchased under the share repurchase authorization may be canceled or held as treasury shares.
The board of directors believes that repurchasing H shares is in the overall interest of the company and its shareholders, demonstrating the company and its management team's confidence in the future development prospects of the business and recognition of its long-term value.
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