Newborn Town Inc. Announces HK$200 Million Share Purchase Plan

Newborn Town Inc. ( (HK:9911) ) just unveiled an update.

Newborn Town Inc. has announced its intention to allocate up to HK$200 million over the next two years to purchase shares on the market as part of its share schemes. This move is aimed at recognizing and retaining contributors to the company’s performance and is seen as a demonstration of confidence in its business outlook, ultimately benefiting shareholders and maintaining a solid financial position.

More about Newborn Town Inc.

Newborn Town Inc. is a company incorporated in the Cayman Islands, primarily operating in the technology sector. It focuses on developing and implementing share schemes to recognize and retain talent by offering competitive remuneration packages and a stake in the company’s success.

YTD Price Performance: 76.34%

Average Trading Volume: 10,769,947

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$9.16B

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