GREEN TEA GROUP (06831) announced that on December 4, 2025, its board of directors resolved to exercise the share repurchase mandate to buy back shares worth no more than RMB 130 million on the open market at an appropriate time. The proposed share repurchase period will commence from the date of the board resolution and continue until the earliest of the following: the conclusion of the company's next annual general meeting, the expiration of the statutory deadline for holding the next annual general meeting as required by applicable laws or the company's articles of association, or the revocation or amendment of the authorization by an ordinary resolution passed at a shareholders' meeting. The company will use its internal resources (excluding net proceeds from the global offering) to fund the proposed share repurchase. Subsequently, the repurchased shares may be canceled or held as treasury shares at the board's discretion. The share repurchase will be conducted in compliance with the company's articles of association, the Hong Kong Stock Exchange's listing rules, the Codes on Takeovers and Mergers and Share Buy-backs, and all other applicable laws and regulations. The board believes the proposed share repurchase will enhance share value and improve shareholder returns. Additionally, it demonstrates the board's confidence in the company's long-term business prospects and aligns with the overall interests of the company and its shareholders. The board also considers the company's financial position stable enough to execute the repurchase while maintaining sufficient resources to support ongoing business growth.
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