Core Viewpoint - Helen's (09869) shares have risen over 17% in the market, reflecting investor confidence following the announcement of a share buyback program aimed at enhancing shareholder value and signaling long-term growth prospects [1] Group 1: Share Buyback Announcement - The shareholders approved a general and unconditional authorization for the board to repurchase up to 10% of the total issued shares as of the annual general meeting date, which amounts to a maximum of 127 million shares [1] - On November 6, the board decided to exercise the share buyback authorization and intends to repurchase shares in the open market using existing internal financial resources [1] Group 2: Company Valuation and Confidence - The company believes that the current trading price of its shares does not adequately reflect its intrinsic value [1] - The share buyback is seen as a reflection of the company's long-term confidence in its operational growth prospects and financial condition, aimed at enhancing net asset value and earnings return per share, aligning with the best interests of the company and its shareholders [1]
港股异动 | 海伦司(09869)逆市涨超17% 公司拟在公开市场回购股份 回购上限不超总股本10%