Newborn Town Inc. Boosts Shareholder Value with Share Purchase

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

Newborn Town Inc. has successfully executed a share purchase of 2,680,000 shares through Three D Partners Limited as part of its RSU Award Scheme, highlighting the company’s confidence in its business prospects. This purchase, representing about 0.22% of the total shares, was made at an average price of HK$3.72, totaling approximately HK$9.97 million. The company’s board believes this move will ultimately enhance shareholder value while maintaining a robust financial stance.

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