Core Viewpoint - The company, Multi-Point Intelligent (02586), has announced a share buyback plan, which has positively impacted its stock price, increasing by 4.51% to HKD 7.64 with a trading volume of HKD 11.37 million [1] Group 1: Share Buyback Announcement - On November 19, the company’s board approved a resolution for a share buyback using its own funds, excluding any proceeds raised from its listing on the Hong Kong Stock Exchange [1] - The buyback period will last from the board's approval until the conclusion of the next annual general meeting in 2026 [1] - The repurchased shares will be treated as treasury stock and may be canceled, sold, or transferred in the future, including for equity incentive plans [1] Group 2: Financial Position - The company maintains a strong cash reserve, with operating cash flow showing continuous improvement [1] - As of October 31, 2025, the company reported cash and cash equivalents of RMB 927 million, providing solid support for the share buyback without affecting normal operations and long-term development plans [1]
多点数智涨超4% 董事会批准公司以自有资金回购股份