智通财经网·2026-03-01 22:13Core Viewpoint - The company believes that its current stock price does not adequately reflect its long-term value and plans to continue share buybacks to enhance shareholder interests [1] Group 1: Share Buyback Details - The company has repurchased approximately 259 million shares since January 1, 2022, totaling around HKD 1.19 billion, which represents about 3.17% of the total issued shares as of the announcement date [1] - The share buybacks are conducted under the general authority granted by shareholders and funded through internal resources [1] - The company plans to repurchase shares in the open market with a total amount not exceeding HKD 1 billion from the release of its 2025 annual results until the expiration of the buyback authorization at the 2026 annual general meeting [1] Group 2: Future Buyback Strategy - The specific timing, price range, and execution pace of future buybacks will be determined by the board based on market conditions and the company's capital structure management needs [1] - The company emphasizes that executing buybacks at the current valuation level aligns with the overall interests of the company and its shareholders [1]