Summary by Futu AI
On June 12, 2024, Xiaomi Group submitted its disclosure report to be released the next day, reporting the changes in its shares. The report shows that on June 12, 2024, Xiaomi Group issued 52,000 new shares at a price of HKD 2.69 per share, and repurchased 2,800,000 shares on the same day at a repurchase price of HKD 17.15. In addition, Xiaomi Group also conducted several share repurchases from March 27, 2024 to June 5, 2024, with a total repurchase of 3,800,000 shares at a repurchase price ranging from HKD 14.84 to HKD 17.87. According to the report, the repurchased shares will be proposed for cancellation but have not yet been cancelled as of the end of the period. Xiaomi Group confirms that all share issuances or sales of inventory shares have been authorized and approved by the board of directors and are in compliance with all applicable listing rules, laws, and other regulatory requirements.