04:33 AM EDT, 10/25/2026 (MT Newswires) -- The board of Sumou Real Estate (SASE:4323) recommended conducting a share repurchase program of up to 1 million shares. The proposed buyback, which is still subject to shareholder approval and financial solvency requirements, comes as the board believes the real estate company's market share price is below its fair value, according to a Sunday release. Sumou Real Estate added that the bought-back shares will be retained as treasury shares.

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