Summary by Futu AI
CHAOKE INDUSTRIAL CO., LTD. FILED A NEXT DAY DISCLOSURE REPORT ON MAY 23, 2024, DISCLOSING DETAILS OF THE COMPANY'S SHARE REPURCHASE. According to the report, IKOs repurchased shares for three consecutive days from May 21 to 23, for a total repurchase of 100 million shares, representing 0.0545% of the issued shares. The repurchased shares have not been written off. On 23 May, the company repurchased 250,000 shares at a price of HKD 99.2 to HKD 100.2 per share for an amount of HKD 24,890,825. The Company confirms that the buyback complies with the relevant requirements of the Listing Rules of the Stock Exchange of Hong Kong Limited and is conducted on the Hong Kong Stock Exchange, the Company's first listed location. This share repurchase was made pursuant to the formal authorization of the Company's Board of Directors and all monies due have been received.