DOBE Cultural & Creative Industry Yet to Begin Share Buyback as Expiry Nears
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Shanghai DOBE Cultural & Creative Industry Development said no shares have been repurchased under its up to 60-million-yuan buyback plan, despite more than half of the three-month window expiring. The delay stems from market and operational factors, according to a Thursday filing with the Shenzhen bourse. The cultural and creative industry company pledged to proceed with the buyback before the July 7 deadline, considering market conditions and business performance.
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