Hong Kong Food Investment Holdings Limited (stock code: 00060) announced on August 28 that it has repurchased 16,000 of its own shares in the open market, at a total cost of HK$8,320.
The buyback reflects the company's ongoing capital management strategy, aimed at enhancing shareholder value. Following this transaction, the company's repurchased shares will be cancelled accordingly.
This move aligns with the firm's broader financial discipline, as it continues to optimize its capital structure in a measured manner. No further details were provided in the announcement regarding future repurchase plans.