YNBY INTL (00030) Plans Share Buyback in Open Market

Stock News03-18 18:07

YNBY INTL (00030) announced that the company's board of directors has obtained shareholder approval at the Annual General Meeting held on May 16, 2025. This approval authorizes the board to repurchase up to 10% of the company's total issued shares as of the resolution date. The board has formally resolved to authorize management to execute the share buyback plan using this approval in the open market from time to time when deemed appropriate. The company may proceed with the repurchases depending on market conditions. YNBY INTL believes the share buyback reflects the company's confidence in its business development and future prospects. The buyback plan aligns with the company's long-term development strategy and serves the overall interests of the company and its shareholders.

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