LINMON MEDIA (09857) Plans Share Buyback Under Repurchase Authorization

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LINMON MEDIA (09857) Plans Share Buyback Under Repurchase Authorization

Stock News2025-12-09

LINMON MEDIA (09857) announced that shareholders approved a general and unconditional mandate on May 28, 2025, authorizing the board to repurchase up to 10% of the issued shares (or a maximum of 36.1576 million shares) as of the annual general meeting date. On December 9, 2025, the board resolved to exercise this repurchase authorization, intending to buy back shares in the open market using the company's internal funds.

The company believes the current trading price does not fully reflect its intrinsic value and business prospects. The share repurchase demonstrates LINMON MEDIA's long-term confidence in its growth potential and development outlook. This move is expected to enhance net asset value and earnings per share, aligning with the best interests of both the company and its shareholders, while creating value for stakeholders.

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