Summary by Moomoo AI
China Biopharmaceuticals Limited (the “Company”) purchased 5,000,000 shares from the market through trustees on 15 April 2024 under the Restrictive Share Award Scheme adopted on 5 January 2018, representing approximately 0.027% of the total issued shares at an average price of HK$2.68 per share and a total cost of approximately HK$13,402,500 meta. The lot of shares will be held in trust by the trustee on behalf of the selected participant. The Board of Directors of the Company will continue to review and decide on the number of shares to be granted under the Plan in the future and the number of shares to be purchased. The announcement was made on the same day by the Chairman of the Company, Mr. Takei Yun.