BOE Varitronix Buys Shares on Market to Fund Long-Term Incentive Plan
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BOE Varitronix Limited announced that its trustee purchased 204,000 shares on the market under its share award plan, representing about 0.026% of its issued share capital at an average price of HK$4.288 per share. The total cost was approximately HK$874,780, aimed at funding long-term incentive grants to retain key personnel and align interests with shareholders. The board noted that future purchases will depend on market conditions. The latest analyst rating for BOE Varitronix (HK:0710) is a Hold with a price target of HK$4.70.
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