In a recent market activity, Want Want China (00151) has executed a share buyback program. The company announced that on September 7, it repurchased a total of 3 million shares of its own stock.
This transaction amounted to a total expenditure of approximately HK$9.11 million. The buyback was carried out at a price range of HK$2.99 to HK$3.09 per share, as detailed in the official company statement.
This move reflects the company's ongoing capital management strategy and its confidence in its long-term value proposition.