Core Viewpoint - Tianli International Holdings (01773) plans to exercise a general mandate granted by shareholders at the upcoming annual general meeting to repurchase shares, aiming to enhance sustainable operations and maximize shareholder value [1] Group 1: Share Repurchase Authorization - The company is authorized to repurchase up to 10% of the total issued shares, which amounts to a maximum of 209 million shares, excluding 13.227 million shares already repurchased and 3.6 million shares held as treasury stock [1] - The board has decided to utilize a maximum total of HKD 200 million for share repurchases in the open market, with the actual repurchase price not exceeding 5% of the average closing price over the preceding five trading days [1] Group 2: Strategic Rationale - The decision for the share repurchase plan is based on a comprehensive assessment of the company's current operational and financial status, as well as future development prospects [1] - The board believes that the share repurchase plan aligns with the overall best interests of the company and its shareholders [1]
天立国际控股拟于市场上进行股份购回