Tai Hing Group Holdings (HKG:6811) plans to repurchase up to 100,539,900 of its shares on the market for up to HK$30 million under its share repurchase mandate, a Wednesday Hong Kong bourse filing said.
The maximum number of shares that may be purchased under the repurchase mandate represents 10% of the total number of issued shares of the company as of May 17, 2024.
The multi-brand casual dining restaurant group will utilize its internal resources for the repurchase.