Jiangxi Rimag Plans HK$200 Million Share Buyback

MT Newswires Live12-08

Jiangxi Rimag Group (HKG:2522) intends to buy back up to HK$200 million worth of Hong Kong-listed shares from the open market from time to time, a Monday Hong Kong bourse filing said.

Under its current mandate, the firm can repurchase up to 24.9 million, or 10%, of its issued Hong Kong-listed shares.

Of this, the medical imaging firm has already bought back over 4.4 million shares as of Monday.

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