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The latest announcement is out from YSB Inc. ( (HK:9885) ).
YSB Inc., incorporated in the Cayman Islands, has announced a voluntary share repurchase plan, aiming to buy back shares worth up to HKD100 million based on market conditions. This move reflects the company’s belief that its current share price undervalues its business prospects and demonstrates confidence in its long-term growth. Additionally, Executive Director Mr. Fei Chen has increased his shareholding, signaling his strong confidence in the company’s future and commitment to its growth. The share repurchase plan is subject to market conditions, and the company will adhere to relevant rules and disclosure obligations.
More about YSB Inc.
Average Trading Volume: 7,964,664
Technical Sentiment Signal: Buy
For detailed information about 9885 stock, go to TipRanks’ Stock Analysis page.