Tianrunyun (02167) issued an announcement. On December 18, 2023, the board of directors formally resolved to exercise the share repurchase authorization to repurchase shares on the open market from time to time with a maximum total amount of HK$10 million (recommended share repurchases).
The board believes that the proposed share repurchase reflects the board's confidence in the company's long-term strategy and development. The board of directors believes that the proposed share repurchase is in the overall best interest of the company and its shareholders.