Summary by Futu AI
Kingsoft submitted a new disclosure report on June 26, 2024, which disclosed the changes in issued or treasury shares. According to the report, Kingsoft conducted a share repurchase activity through the rules of the Hong Kong Stock Exchange from June 17 to June 26, 2024. The total number of repurchased shares reached 1,360,800, accounting for 0.1% of the issued shares. The repurchased shares will be cancelled, and the repurchase price ranges from HKD 22.95 to HKD 25.0183. The company confirms that all repurchase activities have been formally authorized and approved by the board of directors, and comply with relevant listing rules and legal requirements. In addition, within 30 days after the share repurchase, that is, by July 26, 2024, Kingsoft will not issue any new shares or resell or transfer treasury shares.