Group 1 - The company, October Rice Field (09676), announced a share buyback plan, intending to use up to HKD 100 million to repurchase H-shares in the open market [1] - The buyback price will not exceed 5% of the average closing price of H-shares over the five trading days prior to the actual buyback date [1] - The board believes that the current trading price of the shares does not adequately reflect the company's intrinsic value and business development prospects, indicating confidence in its growth potential [1] Group 2 - Shares repurchased under the buyback authorization may be canceled or held as treasury shares for future use in equity incentives or resale for financing [1] - The board asserts that the share buyback plan aligns with the overall best interests of the company and its shareholders [1]
十月稻田:拟使用最多1亿港元以自有资金购回H股