Summary by Moomoo AI
NEWBORNTOWN Technology Co., Ltd. announced the plan to provide no more than HK$0.2 billion to independent professional trustees over the next two years for purchasing the company's shares at current market prices from the market. These purchased shares will be used for the company's share reward plan, including the restricted stock unit reward plan and the NBT restricted stock unit plan. The Board of Directors will carry out share purchases from time to time based on market conditions and the company's needs.The Board of Directors stated that conducting share purchases demonstrates the company's confidence in its business prospects and believes this will bring benefits to the company and create value for shareholders. The company's...Show More