HK Stock Market Move | SEYOND (02665) rose more than 10% in early trading and plans to spend no more than HK$100 million to repurchase shares.
TUTA Communications (02665) rose more than 10% in early trading, and as of the time of publication, it had risen 5.03% to HKD 7.93, with a turnover of HKD 30,912,600.
SEYOND (02665) rose more than 10% in early trading, and as of the time of writing, it has increased by 5.03% to HK$7.93, with a turnover of HK$30.9126 million.
In terms of news, SEYOND announced that the company plans to implement a share buyback plan from June 2, 2026 to June 17, 2026 (including the first and last day). The company proposes to use up to HK$100 million for the share buyback plan. The board of directors believes that the share buyback plan reflects the company's confidence in its long-term business prospects and potential growth. In addition, the company believes that by actively optimizing its capital structure through the implementation of the share buyback plan, it is expected to enhance its earnings per share, net asset value per share, and shareholder returns.
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