CG SERVICES (06098) intends to repurchase a maximum of 334 million shares in the open market under the general authorization.

CG SERVICES (06098) announced that, depending on market conditions and the actual needs of the company at the time, the Board of Directors intends to make use of the general authority granted by the shareholders at the company's annual general meeting on June 6, 2024, to repurchase up to 334 million shares (10% of the total issued shares on the date of the annual general meeting) on the open market. The announcement stated that the share repurchase reflects the group's confidence in its long-term business prospects, improves shareholder returns, and is in line with the overall interests of the company and shareholders. The Board of Directors also believes that the group's financial position is strong enough to maintain sufficient financial resources to support the sustainable growth of the group while conducting the share repurchase.