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The latest update 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. The company recently repurchased 100,000 shares at an average price of HKD11.1430 per share, with plans to cancel these shares. The Board believes the current share price undervalues the company and the repurchase plan reflects confidence in its long-term growth. The plan is subject to market conditions and will be executed at the Board’s discretion, with no guarantees on timing or quantity.
More about YSB Inc.
Average Trading Volume: 8,194,364
Technical Sentiment Signal: Buy
For an in-depth examination of 9885 stock, go to TipRanks’ Overview page.