Summary by Futu AI
On June 7th, 2024, Meituan submitted a disclosure report for the following day, disclosing changes in its issued share capital. The report shows that between May 31st and June 7th, 2024, through the Employee Share Incentive Plan, employees (excluding directors) exercised their share purchase rights on June 3rd, 5th, and 6th, for a total of 2,800 shares, at issue prices of HKD 24.7902, HKD 18.1172, and HKD 5.7896, which were significantly lower than the then-market prices. In addition, Meituan conducted multiple share repurchases from April 5th to May 3rd and on June 7th, repurchasing a total of 87,887,900 shares, representing 1.408% of the issued share capital, with a total repurchase amount of HKD 599,907,707.88. The repurchase actions were in compliance with the relevant requirements of the Listing Rules of The Stock Exchange of Hong Kong Limited and obtained formal authorization and approval from the Board of Directors.