Pharmacist Gang (09885): The trustee buys 100,000 shares according to the share incentive plan

According to the Zhitong Finance App, Pharmacist Gang (09885) issued an announcement. On January 7, 2025, according to the trust arrangement between the company and the trust agency (trustee), the trustee satisfied the rewards granted under the share incentive plan and purchased the company's 100,000 shares on the market. The total cost was HK$57.1 million, and the average price was about HK$5.71 per share.

According to the announcement, the company's current stock price is lower than its intrinsic value and may not fully reflect the company's business prospects, so this provides a good opportunity for the trustee to buy back the company's shares in the market to supplement the trust fund. At the same time, repurchasing shares according to the share incentive plan shows the company's confidence in its business outlook and prospects. It can also be used as part of a strategy to attract talents, promote agreement between the interests of key employees and the interests of the company, and promote the long-term sustainable growth of the Group. As the largest digital integrated service platform for the Chinese out-of-hospital pharmaceutical industry, the Group will continue to promote the healthy development of the industry and better carry out the mission of “making good medicine accessible” through the Group's efficient Internet pharmaceutical distribution network and medical technology innovation methods with the rapid development of the Internet medical industry.