Perfect Medical Health Management Limited commences an Equity Buyback Plan for 124,140,390 shares, representing 10% of its issued share capital, under the authorization approved on August 12, 2022.

Perfect Medical Health Management Limited (SEHK:1830) commences share repurchases on November 24, 2022, under the program mandated by the shareholders in the Annual General Meeting held on August 12, 2022. As per the mandate, the company is authorized to repurchase up to 124,140,390 shares, representing 10% of its issued share capital. The repurchases will result in an increase in the net asset value and/or earnings per share.

The repurchase program will be funded out of funds legally available for the purpose in accordance with the Memorandum and Articles of Association and the applicable laws of the Cayman Islands and Hong Kong. The authority shall expire at the earliest of the next Annual General Meeting, the date on which the next Annual General Meeting is required to be held or the date on which the authority is varied or revoked in a General Meeting. As at August 12, 2022, the company had 1,241,403,900 shares in issue.