C-MER Medical Holdings (HKG:3309) has decided to buy back up to HK$100 million of shares from the market from time to time during the next 12 months, a Thursday bourse filing said.
Lam Shun Chiu Dennis, a controlling shareholder and an executive director of the medical services firm, is also looking to boost his stakeholding in the company.
Shares of the company closed nearly 3% higher on Thursday.
Price (HKD): $1.86, Change: $+0.050, Percent Change: +2.76%
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