Brief: Xuan Wu Cloud Technology Announces On-Market Repurchase
April 22 (Reuters) - Xuan Wu Cloud Technology Holdings
Ltd 2392.HK :
* ON-MARKET REPURCHASE
* INTENDS TO REPURCHASE SHARES OF CO
* PROPOSES TO USE UP TO HK$100 MILLION IN FUNDS FOR
REPURCHASE OF
SHARES
* ALLOWED TO REPURCHASE UP TO 56.0 MILLION SHARES OF CO
* CONSIDERS CURRENT SHARE PRICE OF CO IS BELOW INTRINSIC
ACTUAL
VALUE
Further company coverage: 2392.HK
((Reuters.Briefs@thomsonreuters.com;;))
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