Summary by Futu AI
Xiaomi Group submitted the disclosure report on the following day on July 9, 2024, disclosing the changes in the issuance of shares and treasury stock. The report shows that on July 9, 2024, Xiaomi Group issued 19,000 new shares and repurchased 3,000,000 shares of stock as treasury stock at a price of HKD 2.69 per share. In addition, the company carried out multiple share repurchases between March 27 and May 31, 2024, with a total repurchase of millions of shares at a repurchase price ranging from HKD 14.84 to HKD 17.7. All stock changes have been formally authorized by the board of directors and comply with relevant listing rules and legal requirements. The repurchased shares will be intended for cancellation, but have not yet been cancelled as of the end of the reporting period. Xiaomi Group confirms that all transactions have received the full payment due and have fulfilled all prerequisites for listing qualifications.