Core Viewpoint - The company, Gushengtang (02273), has announced a share buyback plan, which is expected to enhance shareholder value and demonstrate confidence in its long-term business prospects [1] Summary by Relevant Sections Share Buyback Authorization - The shareholders approved a resolution at the annual general meeting on June 20, 2025, granting the board the authority to repurchase up to 23.6965 million shares, representing 10% of the total issued shares as of that date [1] Financial Commitment - The board has resolved to exercise the buyback authorization on August 29, 2025, with a maximum expenditure of HKD 300 million for the repurchase [1] Strategic Rationale - The board believes that the proposed share buyback will enhance share value, benefiting shareholders, and reflects confidence in the company's long-term business outlook [1] - The board also stated that the company's financial position is stable, allowing for the buyback while maintaining sufficient financial resources for ongoing business growth [1]
固生堂(02273)拟回购股份