Summary by Futu AI
On June 27, 2024, Meituan submitted a disclosure report for the following day, disclosing the company's shareholding changes. According to the Securities Listing Rules of the Hong Kong Stock Exchange, Meituan conducted a share repurchase activity on the Hong Kong Stock Exchange, repurchasing a total of 4,377,700 shares of B-class common stock, accounting for 0.0707% of the issued shares. The repurchase price per share ranged from HKD 112.6 to HKD 116.6, with a total payment of HKD 499,951,726.34. The repurchased shares will be held as treasury shares and will not be cancelled. After this repurchase, the total number of issued shares of Meituan is 5,589,831,823 shares, and the number of treasury shares has increased to 35,066,100 shares. The resolution for the repurchase authorization was approved on June 14, 2024. According to the authorization, Meituan can repurchase a total of 623,505,601 shares. After the repurchase activity, Meituan will enter a one-month suspension period until July 27, 2024, during which no new shares may be issued or treasury shares sold. The report was submitted by the joint company secretary Xu Sijia.