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An update from YSB Inc. ( (HK:9885) ) is now available.
YSB Inc., incorporated in the Cayman Islands, has announced a voluntary share repurchase plan and an increase in shareholding by an executive director. The company plans to repurchase shares worth up to HKD100 million, with 100,000 shares already repurchased at an average price of HKD10.026 per share. This move is seen as a demonstration of confidence by the company’s board and management in its long-term growth prospects. Additionally, executive director Mr. Fei Chen has acquired 50,000 shares, further signaling strong confidence in the company’s future. The board emphasizes that the share repurchase plan is subject to market conditions and advises caution to shareholders and potential investors.
More about YSB Inc.
Average Trading Volume: 6,626,479
Technical Sentiment Signal: Buy
Learn more about 9885 stock on TipRanks’ Stock Analysis page.