Ocumension Therapeutics (HK:1477) has released an update.
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Ocumension Therapeutics has announced its intention to repurchase shares on the open market, utilizing up to HK$200 million, under a mandate approved by shareholders. The move aims to enhance shareholder value and reflects the company’s confidence in its long-term growth, supported by a robust product pipeline in the ophthalmic pharmaceutical sector and strategic partnerships. The repurchase is contingent upon market conditions and is at the discretion of the company’s Board.
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