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Winning the battle of Baotong is as difficult as reaching the sky, can the combination of "buyback + profit" save Rui'er Group (06639)?
As a Hong Kong Stock Connect company, RER Group's average daily market cap during the review period has fallen below the Stock Connect standard, clearly initiating the "protect connect battle".
Ruier Group (06639.HK) announced its share buyback plan for 2024, demonstrating confidence in future development.
On October 2, Gelonghu News | Rui'er Group (06639.HK) announced that, according to the ordinary resolution passed by shareholders at the 2023 shareholders' annual meeting, directors were granted general authorization to repurchase up to 58.1592 million shares, equivalent to 10% of the total issued shares as of the date of the 2023 shareholders' annual meeting. As of September 25, 2024, approximately 0.1 billion Hong Kong dollars have been used to repurchase a total of 17.561 million shares in accordance with the 2023 share repurchase. The funds for the 2023 share repurchase are disbursed from the company's existing available cash (excluding the company's global issuance).
Arrail Group Signals Confidence With Share Buyback
As of September 25, Rui Er Group (06639) has repurchased a total of approximately 0.1 billion Hong Kong dollars for a total of 17.561 million shares under the 2023 share buyback program.
R&F Group (06639) announced that as of September 25, 2024, according to the share repurchase in 2023...
Arrail Group Limited's (HKG:6639) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Ruyer Group (06639): Zou Qifang appointed as authorized representative.
Riel Group (06639) announced that Ms. Xinqin resigned as an executive director at the end of the shareholders' annual meeting...
Arrail Group Limited (HKG:6639) Has Found A Path To ProfitabilityNo Data
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