Yeahka Approved an Amount of US$100 Million Share Repurchase Plan
HONG KONG, Aug. 27, 2023 /PRNewswire/ -- The Board of Yeahka Limited ("Yeahka" or the "Company," Stock Code: 9923.HK) is pleased to approve an additional amount of US$100 million for on-market share repurchase and RSU share purchase (the "Share Repurchase Plan"), illustrating strong confidence of the company's business long-term prospects.
- HONG KONG, Aug. 27, 2023 /PRNewswire/ -- The Board of Yeahka Limited ("Yeahka" or the "Company," Stock Code: 9923.HK) is pleased to approve an additional amount of US$100 million for on-market share repurchase and RSU share purchase (the "Share Repurchase Plan"), illustrating strong confidence of the company's business long-term prospects.
- As disclosed in the Company's results announcement dated August 24, 2023, the Company has achieved solid growth as its businesses benefited from the recovery in domestic consumption.
- Revenue from one-stop payment services increased by 44.3% to RMB1,835.3 million;
Adjusted EBITDA reached RMB290.9 million, increased 317.4% year-on-year. - With a solid growth of all business lines, the Company maintains a strong cash flow and finance the Share Repurchase Plan, demonstrating the confidence in the company's long-term value and commitment to creating value for shareholders.