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YSB Inc. ( (HK:9885) ) has provided an announcement.
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 700,000 shares at an average price of HKD7.4273 per share, totaling approximately HKD5.199 million. The board believes the current share price undervalues the company and that the repurchase plan reflects confidence in its long-term growth. The repurchased shares will be canceled, and the company will continue to comply with relevant regulations.
More about YSB Inc.
Average Trading Volume: 4,879,817
Technical Sentiment Signal: Buy
Learn more about 9885 stock on TipRanks’ Stock Analysis page.