IFBH (06603) has announced that, in light of current market conditions, IFBH Limited intends to repurchase shares on the Hong Kong Stock Exchange from time to time within the next six months starting from the date of this announcement. The repurchase will be conducted in accordance with the general mandate for share repurchases granted to the company's board of directors on June 17, 2025 (which may be renewed at the upcoming annual general meeting of shareholders) and the relevant provisions of the Hong Kong Listing Rules. The number of shares to be repurchased will not exceed 5% of the company's total issued share capital as of the date of this announcement. The company stated that the current stock price does not fully reflect its intrinsic value. The board of directors is confident in the company's business foundation and long-term growth prospects, and believes that the proposed share repurchase represents an attractive use of capital, which is expected to enhance shareholder value.
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