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The latest announcement is out from YSB Inc. ( (HK:9885) ).
YSB Inc. has announced a voluntary share repurchase plan, aiming to buy back up to HK$100 million worth of shares based on market conditions. The company recently repurchased 100,000 shares at an average price of HKD8.01 per share, reflecting the board’s belief that the current share price undervalues the company’s true potential. This move is intended to demonstrate confidence in YSB Inc.’s long-term growth and market performance, aligning with the interests of shareholders. The board emphasizes that the share repurchase plan will be executed at its discretion and advises caution to shareholders and potential investors.
More about YSB Inc.
Average Trading Volume: 5,494,047
Technical Sentiment Signal: Hold
Find detailed analytics on 9885 stock on TipRanks’ Stock Analysis page.