JXR Acquires 1.4 Million Shares in Buyback Valued at HK$2.98 Million

Stock News
Sep 14

JXR, listed under the stock code 01951, has announced a share repurchase transaction executed on September 14, allocating approximately HK$2.98 million to buy back 1.4 million shares of its own stock.

The buyback was completed at a price range of HK$2.10 to HK$2.14 per share, reflecting the company's ongoing capital management strategy. This move underscores JXR's commitment to enhancing shareholder value through strategic repurchases in the open market.

According to the official disclosure, the transaction was settled on the specified date, with the total consideration aligning with the company's previously outlined repurchase framework. The shares acquired will be held as treasury stock or cancelled, pending further corporate decisions.

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