Minth Group (HK:0425) has released an update.
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Minth Group Limited intends to use its shareholder-approved Repurchase Mandate to buy back up to 10% of its issued shares, leveraging a maximum of HK$500 million from its financial resources. The move aims to enhance shareholder value, reflecting the Board’s confidence in the firm’s intrinsic value and long-term prospects. The repurchases will adhere to regulatory compliance and market conditions, without affecting the company’s working capital or public shareholding levels.
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