InnoScience (Suzhou) Technology (HKG:2577) said the trustee of its 2025 share award plan purchased 239,000 H shares of the company from the open market, according to a Hong Kong bourse filing Wednesday.
Shares of the gallium-nitride-on-silicon wafer manufacturer gained 3% in late morning trade Thursday.
The shares were purchased at an average price of HK$72.27 apiece, or HK$17.3 million in total.
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