irishpokeropen2022| Ninety nine cents (09922.HK) plans to repurchase shares at a maximum of HK$100 million

Health 2024-04-20

Gelonghui April 19 丨 Jiumao (09922irishpokeropen2022.HK) Announcementirishpokeropen2022, the board of directors hereby announcesirishpokeropen2022On April 19, 2024, it resolved to exercise its powers under the general mandate granted to the Board of Directors pursuant to a resolution passed by the Company's shareholders at the Company's annual general meeting held on June 2, 2023 to repurchase the Company's shares on the open market from time to time for a maximum total amount of HK$100 million. The Board of Directors believes that the recent transaction price of shares does not reflect their intrinsic value, and believes that the proposed share repurchase demonstrates the company's confidence in its long-term business prospects and ultimately benefits the company, thereby creating overall value for shareholders.

irishpokeropen2022| Ninety nine cents (09922.HK) plans to repurchase shares at a maximum of HK0 million

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