Summary by Futu AI
Petrochemical Group Limited filed a new Next Day Disclosure Report on April 18, 2024, disclosing the changes in its issued shares. THE REPORT SHOWS THAT THE PETROLEUM GROUP REPURCHASED SHARES BETWEEN APRIL 16 AND 18, BUT WAS NOT WRITTEN OFF. THE TOTAL NUMBER OF REPURCHASES WAS 5,000,000 SHARES, REPRESENTING 0.042% OF THE SHARES ISSUED PRIOR TO THEIR ISSUE. In addition, the Company repurchased 5,000,000 shares on April 18 at a price of HK$5.92 to HK$5.8 per share for a total payment of HK$29,442,740. Since the adoption of the Ordinary Resolution, the Petrochemical Group has repurchased a total of 16,000,000 shares on the Hong Kong Stock Exchange, representing 0.134% of the issued shares. Petrochemical Group confirms that the repurchase activities are in compliance with the relevant provisions of the Main Board Listing Rules/GEM Listing Rules.