Core Viewpoint - The company, Fenbi (02469.HK), intends to repurchase shares worth up to HKD 200 million in the open market over a six-month period, reflecting confidence in its business outlook and aiming to enhance shareholder returns [1] Group 1: Share Repurchase Plan - The board plans to buy back a total of up to approximately 223 million shares, which represents about 10% of the total shares issued as of the annual general meeting date [1] - The share repurchase will depend on market conditions and the company's financial arrangements [1] Group 2: Financial Health - The company currently has a stable cash flow and overall financial condition, which can support its ongoing business development needs [1] - The board believes that the shares traded in the market are undervalued, and the buyback will benefit the company and create value for shareholders [1]
粉笔(02469.HK)拟于公开市场以不多于2亿港元购回股份