Summary by Futu AI
NEWBORNTOWN Technology Co., Ltd. announced that from December 9 to 13, 2024, Three D Partners Limited purchased 2,034,000 shares of the company from the market under the restricted share unit incentive plan, accounting for approximately 0.17% of the total issued shares. The average price of the purchased shares was approximately HKD 3.91 per share, with a total cost of about HKD 7,949,072.20. As of now, the total number of shares held by Three D Partners Limited under this plan reached 61,642,069 shares.The Board of Directors stated that the share purchase demonstrated the company's confidence in its business prospects and believes that it will ultimately benefit the company and create value for shareholders. The Board of Directors confirmed that the company's existing financial resources are sufficient to support the share purchase while maintaining a robust financial position. The Board of Directors will review and decide at its discretion whether to proceed with further share purchases from time to time.