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YSB Inc. ( (HK:9885) ) just unveiled an announcement.
YSB Inc., a company incorporated in the Cayman Islands, announced the cancellation of 5,635,000 repurchased shares, reducing its total issued shares to 676,464,895. This move is part of its on-market share repurchase plan, which involved an expenditure of approximately HK$44.3 million. The cancellation reflects the company’s strategic capital management and could impact its market positioning by potentially increasing shareholder value.
More about YSB Inc.
Average Trading Volume: 7,690,700
Technical Sentiment Signal: Strong Buy
Learn more about 9885 stock on TipRanks’ Stock Analysis page.