Summary by Futu AI
FeiTian Cloud Motion Technology Co., Ltd. (FeiTian Cloud), submitted its disclosure report on June 18, 2024, revealing that there had been no change in its issued or treasury shares, which remained at 1,810,000,000 shares. The company also reported that it repurchased 200,000 shares at a price of HKD 0.58 per share on June 18, 2024 for cancellation. This share buyback was carried out under the repurchase authorization granted on May 28, 2024, which allows the company to repurchase up to 181,000,000 shares, and has bought back 1,150,000 shares, representing 0.0635% of the issued shares. After the buyback, the company will enter a temporary suspension period for new share issuance or treasury share resale or transfer until July 18, 2024.