Onewo, Inc. Class H (HK:2602) has released an update.
Onewo Inc. has announced its intention to repurchase H shares on the market, using up to HK$5.80 billion from its own financial resources, aiming to demonstrate confidence in the company’s prospects and to enhance shareholder value. The repurchase is authorized to cover up to 10% of the H shares in issue and will be conducted in accordance with market conditions and regulatory compliances until the earlier of the 2024 annual general meeting or a special resolution revocation.
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