Boer Power Holdings Limited (01333.HK) plans to repurchase the company's H shares.

Financial news from Wisdom Financial APP, Burdington (01333.HK) has announced that the board of directors hereby announces that it intends to exercise the power granted by the shareholders to the board of directors at the 2024 annual general meeting of the company under the general authority to repurchase. The board of directors has decided that, from the date of this announcement until the expiration of the repurchase general authority, the company will, based on market conditions and the repurchase general authority, periodically repurchase the company's H shares on the Stock Exchange. The repurchase funds will come from the company's own funds and will not involve the net proceeds of the company's global offering.