On October 9, Glorious Times (06820.HK) announced that during the third quarter of 2024, the trustee has cumulatively purchased shares exceeding 0.47% of the company's total share capital under the stock incentive plan. From August 28, 2023, to September 30, 2024, the trustee has cumulatively purchased shares representing approximately 3.5% of the company's total share capital under the stock incentive plan.
The board of directors believes that purchasing shares under the stock incentive plan demonstrates the company's confidence in its business prospects and outlook. It can also serve as a way to attract talent, align the interests of key employees with those of the company, and drive the strategy for sustainable long-term growth of the group.