tiprankstipranks
Trending News
More News >

Newborn Town Inc. Completes Share Purchase to Boost Shareholder Value

Story Highlights
Newborn Town Inc. Completes Share Purchase to Boost Shareholder Value

Newborn Town Inc. ( (HK:9911) ) has shared an announcement.

Newborn Town Inc. announced the completion of a share purchase under its RSU Award Scheme, with Three D Partners Limited acquiring 2,272,000 shares between April 14 and April 17, 2025. This move, representing approximately 0.16% of the total shares, reflects the company’s confidence in its business outlook and aims to create value for shareholders while maintaining a solid financial position.

More about Newborn Town Inc.

Newborn Town Inc. is a company incorporated in the Cayman Islands, primarily involved in the technology sector. It focuses on developing and providing digital products and services, with a market emphasis on social networking and entertainment applications.

YTD Price Performance: 60.22%

Average Trading Volume: 12,359,779

Technical Sentiment Signal: Sell

Current Market Cap: HK$8.54B

Learn more about 9911 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App