Summary by Futu AI
Dongyue Group Limited filed a new share change and/or share repurchase report on March 6, 2024. According to the report, the company repurchased 520,977,818 shares of ordinary shares through a private arrangement on March 5, 2024, representing 23.12% of its shares issued prior to the repurchase. The repurchased shares were priced at HK$7.1 per share, representing a premium of 0.852% over the previous business day's closing price of HK$7.04. The total amount of the share repurchase was HK$3,698,700,646. The share repurchase was made pursuant to a special resolution passed by the Company's independent shareholders on December 18, 2023, but the repurchased shares have not been written off. The issued share capital of the company remained at 2,253,689,455 shares after the repurchase.