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YSB Inc. ( (HK:9885) ) just unveiled an announcement.
YSB Inc., incorporated in the Cayman Islands, has announced a voluntary share repurchase plan, aiming to buy back shares worth up to HK$100 million based on market conditions and capital arrangement. The company recently repurchased 396,800 shares at an average price of HKD7.7005 per share, which will be canceled. The board believes the current share price undervalues the company and sees the repurchase as a demonstration of confidence in its long-term growth and market performance. The plan is subject to market conditions and the board’s discretion, with no assurance on the timing or quantity of future repurchases.
More about YSB Inc.
Average Trading Volume: 5,008,057
Technical Sentiment Signal: Buy
See more data about 9885 stock on TipRanks’ Stock Analysis page.