hipages Group Holdings Ltd.ASX: HPG

HPG launches On-market Share Buyback

· Issued by Hipages Group Holdings Ltd.

Filed with ASX · · 1 page · English

Summary by 6ix AI

The Board believes this buy-back is an efficient use of capital due to the Group's strong growth and cash flow generation. Chair Inese Kingsmill stated that the shares are currently undervalued, making this an opportune time for the buy-back. The buy-back is expected to start in mid-May and will be funded from existing cash facilities, depending on market conditions.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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