Summary by Futu AI
Meituan submitted a new disclosure report on July 2nd, 2024, disclosing changes in its issued and treasury shares. The report shows that Meituan repurchased 4,477,300 shares of Class B ordinary shares, accounting for 0.0724% of its issued shares, with a buyback price of HKD 111.6655 per share. In addition, 2,079 new shares were issued on the same day due to the exercise of employee stock options, with an issue price of HKD 5.7896 per share. The repurchased shares will be held as treasury shares instead of being cancelled. As of July 2nd, 2024, Meituan's total issued shares were 5,585,356,602 shares, and its treasury shares were 39,543,400 shares. The company confirms that all share changes have been approved by the board of directors and comply with relevant listing rules and legal regulations. The buyback activity was carried out based on the repurchase authorization approved on June 14th, 2024, and there will be no new share issuances or treasury share sales before August 1st, 2024.