Summary by Futu AI
Newborntown purchased a total of 51,632,000 shares from the market through Three D Partners Limited between April 28, 2023, and November 22, 2024. Subsequently, from November 25, 2024, to November 29, 2024, Three D Partners Limited further purchased 2,734,000 shares. These shares will be held under the restricted share unit incentive plan until they vest.
The board of directors stated that this share purchase demonstrates the company's confidence in its own business outlook and prospects, and it is expected to ultimately benefit the company and create value for shareholders. The company's existing financial resources are sufficient to support this share purchase while maintaining a robust financial position. The total number of shares purchased was 2,734,000, accounting for approximately 0.23% of the total shares currently issued, with an average price of...Show More