Summary by Futu AI
China Lit submitted its next-day disclosure statement on June 27, 2024, disclosing changes in its shareholding. The report shows that China Lit repurchased shares in accordance with the rules of the Hong Kong Stock Exchange between June 21 and June 27, 2024, and plans to cancel a total of 752,800 shares. The number of repurchased shares were 232,800 on June 21, 170,000 on June 25, 100,000 on June 26, and 250,000 on June 27, with repurchase prices of HKD 25.9722, HKD 25.2928, HKD 25.3075, and HKD 24.9938, respectively. In addition, on June 27, a total of 250,000 shares were repurchased at a total cost of HKD 6,248,450. According to the repurchase authorization, China Lit is authorized to repurchase a total of 102,591,286 shares, of which the repurchased shares currently account for 0.0734% of the authorized total. After the repurchase, China Lit will suspend any new stock issuance or the sale/transference of shares from inventory until July 27, 2024. The report was submitted by the joint company secretary, Au Wai Keung.