Yonghe Medical: According to the authorization for share repurchase, it is proposed to repurchase up to 10% of the total number of shares in the company
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On October 26th, the Yonghe Medical Hong Kong Stock Exchange announced that, depending on market conditions, the company may repurchase its issued ordinary shares from the market in accordance with the repurchase authorization granted by the company's shareholders at their annual general meeting held on June 16, 2023.According to the share repurchase authorization, the maximum number of shares allowed to be repurchased by the company is 52708041, accounting for 10% of the total number of shares held on the Stock Exchange of Hong Kong Limited on the 2023 annual general meeting
On October 26th, the Yonghe Medical Hong Kong Stock Exchange announced that, depending on market conditions, the company may repurchase its issued ordinary shares from the market in accordance with the repurchase authorization granted by the company's shareholders at their annual general meeting held on June 16, 2023.
According to the share repurchase authorization, the maximum number of shares allowed to be repurchased by the company is 52708041, accounting for 10% of the total number of shares held on the Stock Exchange of Hong Kong Limited on the 2023 annual general meeting.
The board of directors believes that the current financial and business conditions of the company are good, and there are sufficient financial resources to enable the company to maintain sufficient working capital to achieve rapid development of the group's business while proposing share repurchases.
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