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Posted On: 05/27/2021 3:29:41 PM
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NetworkNewsBreaks – Asia Broadband Inc. (AABB) to Retire 107M Restricted Common Shares
Asia Broadband (OTC: AABB) today announced that its management and board of directors have approved the retirement and return of 107 million restricted common shares to the company treasury. According to the update, the share retirement process has been initiated with AABB’s transfer agent and is anticipated to be completed in the coming weeks. Asia Broadband’s initiative to create shareholder value led to the agreements with several third-party shareholders to retire the shares. With ongoing plans to continue the shareholder value initiative, AABB expects to retire additional shares to the company treasury in the near future.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Asia Broadband (OTC: AABB) today announced that its management and board of directors have approved the retirement and return of 107 million restricted common shares to the company treasury. According to the update, the share retirement process has been initiated with AABB’s transfer agent and is anticipated to be completed in the coming weeks. Asia Broadband’s initiative to create shareholder value led to the agreements with several third-party shareholders to retire the shares. With ongoing plans to continue the shareholder value initiative, AABB expects to retire additional shares to the company treasury in the near future.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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