Summary by Futu AI
Meituan submitted its disclosure report on June 12, 2024, disclosing changes in its issued shares or held shares. The report showed that between April 5 and June 12, 2024, Meituan had conducted multiple share repurchases through the Hong Kong Stock Exchange, and these repurchased shares have not yet been cancelled. The total number of repurchased shares reached 4,395,300, with a total price of HKD 499,965,814.53. The repurchased shares will be cancelled rather than held as treasury shares. In addition, Meituan confirmed that there have been no significant changes since the explanatory letter submitted to the exchange on June 8, 2023. According to the share repurchase authorization, Meituan may repurchase up to 6,242,125,272 shares, and as of now, it has repurchased 97,587,800 shares, accounting for 1.5634% of the issued shares that day. After the repurchase, Meituan will comply with relevant regulations and will not issue any new shares or sell or transfer treasury shares until July 12, 2024.