Zhitong Financial APP News, Starlight Group (00403) announced that on November 26th, 2021, the board of directors formally resolved to exercise the share repurchase authority to repurchase shares in the open market at a maximum amount of HK $10 million from time to time.
The Board is of the view that the share repurchase under the present situation will demonstrate the company's confidence in its business prospects and prospects, and will ultimately bring benefits to the company and create value for shareholders. The board of directors is of the view that the company's existing financial resources are sufficient to support share repurchases while maintaining a sound financial position.