ABBISKO-B (02256): Intended repurchase of HK$200 million shares.

ABBISKO-B (02256) announced that on March 3, 2025, the board of directors of the company has approved the company to utilize 200 million Hong Kong dollars to repurchase the company's shares in the market. The board believes that the current trading price of the shares does not reflect their intrinsic value, and further repurchasing of shares will increase the value of the shares, thereby increasing returns to the company's shareholders. As per the previous share repurchase authorization, as of December 31, 2024, the company has repurchased a total of 22.594 million shares ("repurchased shares"), accounting for 3.23% of the total issued shares. The repurchased shares were all cancelled in 2024, with 15.833 million shares cancelled on July 3 and the remaining 6.761 million shares cancelled on September 30, totaling approximately 68.74 million Hong Kong dollars, with a repurchase price per share of approximately 2.72 Hong Kong dollars to 3.41 Hong Kong dollars. Practically fulfilling the disclosed repurchase plan of 100 million Hong Kong dollars demonstrates ABBISKO's strong execution in giving back to shareholders. The announcement of further repurchase shows the management's greater confidence in the company's future development.