Summary by Futu AI
On July 3, 2024, Modern Dental Group Limited submitted a new disclosure report, disclosing its share repurchase status. According to the report, between June 12 and July 3, 2024, the company repurchased a total of 921,000 ordinary shares through the Hong Kong Stock Exchange (HKEX), accounting for 0.0971% of the issued shares. The repurchased shares are intended to be cancelled, but have not been cancelled as of the report submission date. The repurchase price ranged from HKD 4.25 to HKD 4.3 per share, with a total paid price of HKD 428,540. The company confirmed that the repurchase complies with the relevant rules of the HKEX and there are no significant changes. In addition, the company obtained repurchase authorization on May 30, 2024, where up to 94,839,800 shares can be repurchased. After the repurchase, the company will enter into a one-month quiet period until August 3, 2024, during which no new stock issuance or inventory shares reselling or transferring is allowed.