News summary
May 21baccarat740, MGM China implemented a share repurchase and spent HK$4.38 million to purchase 300,000 shares.
Newsletter text
[MGM China spent more than HK$4.8 million to repurchase 300,000 shares]
MGM China (02282baccarat740.HK) disclosed in an announcement on May 21 that the company used HK$4.38 million on the same day to repurchase 300,000 shares of the company's shares.
This share repurchase reflects the company's confidence in its own value and may also convey positive expectations for the company's future development prospects.