Core Viewpoint - Mingyuan Cloud (00909) has announced a share buyback plan, indicating a strategic move to enhance shareholder value through repurchasing shares in the open market [1] Summary by Sections Share Buyback Details - The company has repurchased a total of 31.253 million shares, which represents approximately 1.63% of the total issued shares (excluding treasury shares) as of the announcement date [1] - The total expenditure for the share buyback amounted to approximately HKD 69.0718 million [1] Future Plans - The board of directors intends to exercise the general authorization granted at the company's annual general meeting on May 20, 2025, to repurchase up to 193 million shares, equating to 10% of the total issued shares (excluding treasury shares) as of that date [1] - A new share buyback plan has been approved by the board, effective from October 28, 2025, allowing the company to use no less than HKD 200 million for share repurchases within the next six months [1]
明源云已批准新股份回购计划