Swallow House (01497.HK) plans to spend no more than 100 million Hong Kong dollars to repurchase H shares.
Zhijing Finance APP News, Yan's House (01497.HK) announced that, based on the general authorization granted by the Company's shareholders at the Company's annual general meeting held on May 11, 2026 to repurchase H shares (H shares), the Company's board of directors will, depending on market conditions and the Company's financial arrangements, have the intention to repurchase H shares on the open market for an amount not exceeding HK$100 million (repurchase of H shares) from the date of this announcement until the expiration of the general authorization to repurchase H shares. The total number of H shares to be repurchased shall not exceed 46,169,300 H shares, which is 10% of the total number of H shares issued on the date of the annual general meeting (excluding treasury shares, if any).
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