CIMC ENRIC (03899) Plans Share Buyback

Stock News

2025/11/17

CIMC ENRIC (03899) announced on November 14, 2025, that the board has resolved to exercise the buyback authorization, intending to repurchase up to 1.5% of the company's issued shares (excluding treasury shares) as of the announcement date, equivalent to no more than 30.4382 million shares. The total buyback amount will not exceed HKD 200 million.

The decision reflects the board's strong confidence in the company's future growth prospects and recognition of its intrinsic value. The move aims to safeguard shareholders' interests, reinforce market confidence, and enhance the company's investment value.

CIMC ENRIC will comply with its articles of association, listing rules, and other applicable laws and regulations in executing the buyback.

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