Sunzen Seeks Renewal of Share Buyback Authority for Up to 10% of Shares
Bitget2026/10/30 10:03- Sunzen Group seeks shareholder approval to renew its authority to repurchase up to 10% of issued shares at its December 16, 2026 AGM.
- The proposal permits purchases of 68,511,254 additional shares, assuming no new issuance, excluding 11,886,400 shares already held in treasury.
- Buyback spending cannot exceed retained profits, with funding from internally generated funds or borrowings.
- Directors recommend voting in favor of the renewal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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