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Yeebo Proposes Flexibility in Share Repurchase

Yeebo Proposes Flexibility in Share Repurchase

Yeebo (International Holdings) Limited (HK:0259) has released an update.

Yeebo (International Holdings) Limited announced proposed alterations to its Memorandum of Association, allowing the company to hold repurchased shares as treasury shares instead of canceling them, in line with amended Listing Rules. This change aims to give Yeebo more flexibility in managing its capital structure. Shareholders will vote on this special resolution at the AGM scheduled for 16 August 2024.

For further insights into HK:0259 stock, check out TipRanks’ Stock Analysis page.

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