Summary by Futu AI
ACEA PHARMACEUTICALS LIMITED FILED THE FOLLOWING DAY DISCLOSURE REPORT WITH THE HONG KONG STOCK EXCHANGE LIMITED ON 1 FEBRUARY 2024 DISCLOSING ITS SHARE REPURCHASE ACTIVITIES FOR THE PERIOD FROM 19 DECEMBER 2023 TO 1 FEBRUARY 2024. The company repurchased a total of 62,371,000 shares of common stock during this period, representing 5.7372% of its issued shares. The last repurchase took place on February 1, 2024, and 750,000 shares were repurchased on that date, priced between HKD 1.69 and HKD 1.78, at a total cost of HKD 1,309,280. ACARA PHARMACEUTICALS CONFIRMS THAT ALL BUYBACKS HAVE BEEN FORMALLY AUTHORISED BY THE BOARD OF DIRECTORS AND COMPLY WITH THE RELEVANT RULES OF THE HKEX.