Group 1 - The company, Mei Heng Industrial, repurchased 44,000 shares at an average price of HKD 0.45 per share, totaling approximately HKD 19,800, with a cumulative repurchase of 1.38 million shares this year, representing 0.33% of the total share capital [1] - The recent stock repurchase may indicate the management's belief that the company's current value is underestimated by the market, potentially enhancing per-share earnings and net asset value [1] - Stock buybacks can signal to the market that the company has sufficient cash flow to support such operations, reflecting confidence in future development and helping to stabilize stock prices [1] Group 2 - Mei Heng Industrial is a Hong Kong-listed company primarily engaged in construction engineering and property development [2] - The company has accumulated industry experience, professional talent, and market resources, involving various types of construction projects from residential to commercial buildings [2] - The company's performance is influenced by factors such as the real estate market conditions, competitive landscape in the construction industry, and fluctuations in raw material prices [2]
美亨实业回购4.40万股股票,共耗资约1.98万港元,本年累计回购138.00万股