Koolearn Technology Holding Limited (HK:1797) has released an update.
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East Buy Holding Limited has announced its intention to buy back up to RMB500 million worth of its shares from the open market within a year, starting from the announcement date. The share repurchase plan, which showcases the company’s confidence in its business prospects, is subject to market conditions and will be conducted in accordance with regulatory guidelines. Shareholders are cautioned to be mindful of the repurchase conditions while trading shares.
For further insights into HK:1797 stock, check out TipRanks’ Stock Analysis page.