Core Viewpoint - Helen's (09869) stock price increased by over 17% in a contrary market trend, currently trading at 1.12 HKD with a transaction volume of 4.45 million HKD, indicating positive market sentiment towards the company's recent announcements [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, equating to a maximum of 127 million shares [1] - On November 6, the board decided to exercise the share buyback authorization, intending 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, suggesting a potential undervaluation in the market [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 the net asset value and earnings return per share, which aligns with the best interests of the company and its shareholders [1]
海伦司逆市涨超17% 公司拟在公开市场回购股份 回购上限不超总股本10%