Summary by Futu AI
On July 4, 2024, Meituan submitted the next-day disclosure report to the Hong Kong Stock Exchange, disclosing the repurchase of its shares. According to the report, Meituan repurchased 4,173,900 Class B ordinary shares on the same day, with a repurchase price ranging from HKD 118.9 to HKD 119.9 per share, totaling approximately HKD 499,847,481.45. After the repurchase, the total number of issued shares at the end of July 4, 2024 was 5,576,850,402 shares, and the inventory shares increased to 48,049,600 shares. The repurchased shares will be held in inventory rather than canceled. Additionally, the company confirms that according to the repurchase authorization resolution on June 14, 2024, the total number of repurchasable shares is 623,505,601 shares, and 48,049,600 shares have been repurchased, accounting for 0.7706% of the total issued shares (excluding inventory shares) on that day. The repurchase action complies with the relevant rules of the Hong Kong Stock Exchange, and no new shares will be issued or inventory shares resold or transferred within 30 days after the repurchase, i.e., before August 3, 2024. The report was submitted by the joint company secretary Xu Sijia.