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Huuuge, Inc.Huuuge games completes share buyback
Listed mobile games developer Huuuge has purchased 15,237,864 shares for a total price of USD 119.99 million as part of its share buyback program, the company said in a market filing. The shares were purchased at a gross price of USD 7.8751.
The acquired shares represent 25.40 percent of the company's share capital and entitle their holders to 27.21 percent of the total number of votes at the general meeting.
Shareholders could submit offers from September 19 to October 18, 2025.
After the buyback, the company holds 19,042,365 treasury shares (31.75% of share capital) without voting rights. Currently, 59,984,981 shares are issued, granting holders 40,942,616 votes at the general meeting.
It was announced that the company acquired the shares with the intention of redeeming them, except for the shares needed, in the company's opinion, to meet its current needs under the share option programs for the company's employees.
Ipopema Securities acted as an intermediary in the execution and settlement of the share buyback.
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