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Chuangsheng Group-B (06628) on April 29th, 2024Galvantorque3HK $7700 million buys back 55000 shares, demonstrating the company's confidence in its own value.

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[Chuangsheng Group-B spent HK $97700 on share buyback] Chuangsheng Group-B (06628) announced that the company will conduct a share buyback on April 29, 2024.Galvantorque3Had a share buyback. According to the company announcement, the repurchase involved a total of 55000 shares of the company, at a cost of HK $97700, with an average repurchase price of HK $1.77 per share. The buyback operation shows that Chuangsheng Group-B is full of confidence in its future development, but also shows that the company attaches importance to the interests of shareholders. Through stock buyback, the company can stabilize the stock price, enhance investor confidence, and thus enhance the company's market image. Stock repurchase is usually regarded as a strategy of corporate capital operation, which helps to optimize the capital structure and improve the company's return on net assets. For shareholders, share buybacks may also bring higher returns, especially if the company's performance continues to improve. The buyback operation of Chuangsheng Group-B reflects the company's positive expectations for future development and the company's responsible attitude towards the interests of shareholders. This move is expected to bring new investment opportunities for investors in the secondary market, which is worthy of attention. However, when making investment decisions, investors still need to comprehensively consider the overall financial situation of the company, market prospects, industry trends and other factors. It is suggested that investors should conduct full research and analysis and make prudent decisions before making investment decisions.