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Newborn Town Inc. ( (HK:9911) ) has provided an update.
Newborn Town Inc. announced the completion of a major share purchase as part of its RSU Award Scheme, with Three D Partners Limited acquiring a total of 11,720,000 shares, representing approximately 0.83% of the existing total shares. This move demonstrates the company’s confidence in its business prospects and aims to create shareholder value while maintaining financial stability.
More about Newborn Town Inc.
Newborn Town Inc. is a company incorporated in the Cayman Islands, operating with a focus on technology and investment. It engages in purchasing shares as part of its RSU Award Scheme, signifying a strategic investment approach to enhance shareholder value.
YTD Price Performance: -9.68%
Average Trading Volume: 6,938,294
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$4.74B
Find detailed analytics on 9911 stock on TipRanks’ Stock Analysis page.
