XXF Group Shareholder Deposits HK$122 Million Worth of Shares with CMB International Securities

Stock News

Mar 09

A recent filing with the Hong Kong Stock Exchange reveals that on March 6, a shareholder of XXF Group deposited shares with CMB International Securities. The deposited shares have a market value of HK$122 million, representing 5.8% of the company's issued share capital.

Previously, XXF Group announced that its board intends to utilize the general mandate granted by shareholders at the company's Annual General Meeting held on June 18, 2025. This mandate empowers the board to exercise the company's power to repurchase its own shares. Under this repurchase authorization, the company is permitted to buy back up to 10% of the total number of issued shares as of the date of the Annual General Meeting, which amounts to a maximum of 155 million shares.

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The deposited shares have a market value of HK$122 million, representing 5.8% of the company's issued share capital.</p>\n<p>Previously, XXF Group announced that its board intends to utilize the general mandate granted by shareholders at the company's Annual General Meeting held on June 18, 2025. This mandate empowers the board to exercise the company's power to repurchase its own shares. 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The deposited shares have a market value of HK$122 million, representing 5.8% of the company's issued share capital.</p>\n<p>Previously, XXF Group announced that its board intends to utilize the general mandate granted by shareholders at the company's Annual General Meeting held on June 18, 2025. This mandate empowers the board to exercise the company's power to repurchase its own shares. Under this repurchase authorization, the company is permitted to buy back up to 10% of the total number of issued shares as of the date of the Annual General Meeting, which amounts to a maximum of 155 million shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1239","symbol_name":"汽车零售","start_time":0,"source_url":"","article_id":"1142414524","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1142414524","pubTimestamp":1773015257,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"A recent filing with the Hong Kong Stock Exchange reveals that on March 6, a shareholder of XXF Group deposited shares with CMB International Securities. 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