Newborn Town Inc. Bolsters Shareholder Value with Stock Purchases

Newborn Town Inc. (HK:9911) has released an update.

Newborn Town Inc. has continued its share purchase strategy under the RSU Award Scheme, acquiring an additional 2,034,000 shares, which represents approximately 0.17% of the total shares in issue. The company views this move as a demonstration of confidence in its business prospects and a means to create shareholder value, while maintaining a solid financial position.

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