JINKE SERVICES proposes a share buyback
According to the Zhitong Finance APP, JINKE SERVICES announced that in light of the ongoing market adjustment of its stock price, the company is considering a general authorization granted to the board on June 6, 2025, to repurchase up to 10% of the total issued shares (excluding treasury shares). During the offer period, it plans to repurchase up to 8.4384 million shares on the Hong Kong Stock Exchange at a purchase price not exceeding HKD 6.67 (equivalent to the offer price)
According to the announcement from JINKE SERVICES (09666), in light of the ongoing market adjustment of its stock price, the company is considering repurchasing up to 8.4384 million shares (proposed repurchase) at a purchase price not exceeding HKD 6.67 (equivalent to the offer price) on the Hong Kong Stock Exchange during the offer period, based on the general authorization granted to the board to repurchase up to 10% of the total issued shares (excluding treasury shares) on June 6, 2025 (repurchase authorization)
