FENBI plans to repurchase shares in the open market for no more than HKD 200 million
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FENBI plans to repurchase shares in the open market with funds not exceeding HKD 200 million within the next six months, with a total repurchase not exceeding 223 million shares, accounting for approximately 10% of the issued shares. This move aims to enhance shareholder returns, demonstrate the company's confidence in future business, and address the belief that the current market value of the shares is undervalued. The company's financial condition is robust and can support sustainable development
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