FRIENDTIMES (HKEX: 06820) has issued an announcement regarding trustee purchases of its shares under a share award scheme.
In the first half of 2026, the trustee, under the share award scheme, cumulatively purchased shares amounting to approximately 0.3% of the company's total issued share capital.
From August 28, 2023, to June 17, 2026, the trustee has cumulatively purchased shares amounting to approximately 4.5% of the company's total issued share capital under the same scheme.
The board of directors believes that these share purchases under the scheme demonstrate the company's confidence in its business outlook and future prospects. The initiative is also viewed as a strategic component to attract and retain talent, aligning the interests of key employees with those of the company, thereby promoting the long-term sustainable growth of the group.