Newborn Town's (HKG:9911) trustee, Three D Partners, bought back nearly 2.1 million shares for HK$19.4 million under a restricted share unit award scheme, a Wednesday Hong Kong bourse filing said.
Shares of the internet marketing company were up nearly 2% in Thursday afternoon trading.
The shares, repurchased between Nov. 20 and Nov. 26, represent 0.15% of the firm's issued shares.
Three D Partners now holds over 86 million shares of the company.
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