Summary by Futu AI
Kingsoft submitted its disclosure report for the next day on June 17, 2024, disclosing its shareholding changes. The report shows that as of May 31, 2024, Kingsoft's issued shares were 1,339,167,117 shares, with no shares in inventory. As of June 17, 2024, the company's issued shares remained unchanged, but the company repurchased 239,800 ordinary shares that day at a repurchase price ranging from HKD 24.75 to HKD 25.2 per share, with a total repurchase amount of HKD 5,999,380. The repurchased shares will be proposed for cancellation and are not held as inventory shares. In addition, the company confirms that all transactions have been approved by the board of directors and comply with relevant listing rules and legal regulations. After the repurchase of shares, the company will enter a suspension period for new share issuance or inventory share resale or transfer until July 17, 2024.