Core Viewpoint - The company, Thinker Education (01769.HK), announced a board resolution to provide up to HKD 50 million to a trustee for the purpose of purchasing existing shares in the market, believing that the current share price significantly undervalues the company's related value [1] Group 1: Share Buyback Plan - The board believes that the share buyback presents a good opportunity to acquire shares for future grants under the plan [1] - The purchased shares will be used for ongoing incentives for eligible participants [1] - The maximum number of shares that can be purchased, based on the closing price on the announcement date, is approximately 25 million shares, representing about 3.71% of the company's issued share capital as of the announcement date [1] Group 2: Financial Confidence - The company expresses confidence in its business prospects and believes that the share buyback will create value for shareholders [1] - The current financial condition allows the company to provide necessary funds for the share purchase while maintaining sufficient financial resources for ongoing development [1]
思考乐教育(01769.HK)拟向受托人提供不超5000万港元用以回购股份