QUNABOX GROUP (00917) Surges Over 7% on Proposal to Buy Back Up to HK$300 Million Shares

Stock News12-12 09:40

QUNABOX GROUP (00917) rose more than 7%, reaching HK$27 by the time of writing, with a trading volume of HK$19.145 million. The surge follows the company's announcement on December 11 evening that its board has resolved to repurchase shares worth up to HK$300 million in the open market. This move is under the share buyback authorization approved at the annual general meeting held on June 20, 2025, allowing the repurchase of up to 26.2705 million shares, equivalent to 10% of the total issued shares (excluding treasury shares) as of the resolution date.

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