Core Viewpoint - The company, Tsunami Machine Tool China, has been actively repurchasing its shares, indicating a strategy to enhance shareholder value and confidence in its stock performance [2][3]. Share Buyback Activity - On September 22, the company repurchased 100,000 shares at a price range of HKD 32.420 to HKD 32.640, totaling HKD 3.2585 million. The stock closed at HKD 33.000, reflecting a 5.77% increase with a total trading volume of HKD 79.3065 million on that day [2]. - Since September 9, the company has conducted share buybacks for 10 consecutive days, acquiring a total of 882,000 shares for a cumulative amount of HKD 27.014 million, during which the stock price increased by 10.37% [2]. - Year-to-date, the company has executed 46 buybacks, totaling 6.678 million shares and an aggregate buyback amount of HKD 144 million [3]. Detailed Buyback Summary - The buyback details include various dates, share quantities, highest and lowest prices, and total amounts spent, showcasing a consistent approach to repurchasing shares over time [3][4]. - For instance, on September 19, the company repurchased 120,000 shares at a maximum price of HKD 31.680 and a minimum of HKD 31.280, amounting to HKD 3.7813 million [3]. - The buyback activity reflects a strategic move to stabilize or increase the stock price amidst market fluctuations [3][4].
津上机床中国(01651.HK)9月22日回购10.00万股，耗资325.85万港元