Futubull News learned on June 28 that Vobile Group (03738) held its annual shareholders' meeting. It is reported that the resolutions adopted at the shareholders' meeting include the re-election of directors, authorization of share repurchases, and revision of the company's articles of association. Among them, the share repurchase proposal authorizes the board of directors to repurchase shares at the appropriate time as needed, with the total repurchase not exceeding 10% of the total number of shares issued by the company on the day of the proposal's adoption.

Previously, the Hong Kong Stock Exchange announced the revision of the "Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited". Starting from June 11 this year, listed companies are no longer required to cancel the stock exchange-listed shares repurchased by them, but are allowed to retain the repurchased shares as treasury stock. This revision of the "Hong Kong Listing Rules" provides more flexibility for Hong Kong listed companies and helps them manage their capital structure through share repurchases and reselling of treasury stocks. At the same time, the relevant revisions also take into account the requirements of maintaining fair and orderly trading of Hong Kong listed company shares. Plans to repurchase shares in the current market conditions will release significant bullish signals, boosting investor confidence and safeguarding shareholder interests.