Summary by Futu AI
The latest Security Variations Monthly Report submitted by Meituan on June 30, 2024 shows a decrease in the issued shares of the company's Class B common stock and an increase in the treasury shares. During the reporting period, the issued shares of Class B common stock decreased by 44,950,378 shares, while the treasury shares increased by 35,066,100 shares. In addition, the issued shares of Class A common stock also decreased by 3,680,072 shares. The company also exercised stock options, resulting in the addition of 12,850 shares of Class B common stock. Meituan also increased 24,800,000 shares of Class B common stock under the stock incentive plan. Regarding the repurchase of shares, the company cancelled 38,377,200 shares of Class B common stock on June 17, 2024, and repurchased and held 35,066,100 shares of Class B common stock as treasury shares in the same month. In addition, the company also conducted the conversion of Class A common stock to Class B common stock, involving 3,680,072 shares. At the end of the reporting period, Meituan's total legal/registered share capital was $100,000.