Newborn Town Inc. Buys Back Shares, Signals Confidence

Newborn Town Inc. (HK:9911) has released an update.

Newborn Town Inc. has demonstrated strong confidence in its business outlook by purchasing an additional 3.104 million shares through its RSU Award Scheme, representing approximately 0.26% of the total shares in issue, at an average price of HK$3.27 per share. The total investment of approximately HK$10.138 million is part of an ongoing strategy to create shareholder value while maintaining a robust financial standing. The company’s board will continue to assess the timing for any future share purchases.

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