EEKA Fashion Announces Strategic Share Purchase – TipRanks.com

EEKA Fashion Holdings Limited (HK:3709) has released an update.

EEKA Fashion Holdings Limited has executed a share purchase under its Share Award Scheme, buying 694,500 shares at an average price of HK$10.69 each, for a total consideration of approximately HK$7.4 million. This acquisition represents about 0.0986% of the company’s total issued shares, and the shares are to be held in trust for selected participants. The Board will continue to assess and determine the number of shares to be awarded and purchased under the scheme.

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