C-MER Eye Care Clarifies Share Transactions

C-MER Eye Care Holdings Limited (HK:3309) has released an update.

C-MER Eye Care Holdings Limited has issued a clarification on its recent announcement regarding its share repurchase and award scheme purchases. The company emphasizes that repurchased shares will be cancelled, potentially enhancing net asset value and earnings per share, while shares bought under the award scheme will be retained, not affecting the total number of issued shares. These transactions will be financed using the company’s internal cash resources and are contingent on market conditions.

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