ZHIHUI MINING (02546) intends to repurchase up to HK$50 million of the company's shares.
ZHIHUI MINING (02546) announced that the company intends to exercise its power under the repurchase mandate to repurchase shares on The Stock Exchange of Hong Kong Limited through on-market transactions from time to time, with a proposed aggregate amount not exceeding HK$50 million. The proposed share repurchase period will expire on the earliest of the following dates: (a) the conclusion of the next annual general meeting; (b) the date by which the company's articles of association or any applicable law requires the next annual general meeting to be held; or (c) the date on which shareholders revoke or vary such mandate by ordinary resolution at a general meeting of the company.
ZHIHUI MINING (02546) announced that the Company intends to exercise its power under the Repurchase Mandate to repurchase shares on the Stock Exchange of Hong Kong Limited through on-market transactions from time to time, with the proposed aggregate amount not exceeding HK$50 million. The proposed share repurchase period will expire on the earliest of the following dates: (a) the conclusion of the next annual general meeting; (b) the date by which the Company is required by its articles of association or any applicable law to hold the next annual general meeting; or (c) the date on which the mandate is revoked or varied by an ordinary resolution of the shareholders at a general meeting of the Company.
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