Summary by Futu AI
MODERN DENTAL GROUP LIMITED FILED A NEW NEXT DAY DISCLOSURE REPORT ON JULY 11, 2024 DISCLOSING CHANGES IN THE COMPANY'S SHARES. The report shows that on 11 July 2024, Modern Dental bought back 100,000 shares of ordinary shares on the Hong Kong Stock Exchange at a price of HKD 4.05 to HKD 4.09 for a total payment of HKD 408,420. Following this repurchase, the Company intends to write off all repurchased shares. Between June 14 and July 11, 2024, the company repurchased 921,000 shares. Under the repurchase authorization, the total number of shares redeemed by Modern Dental is 94,839,800 shares. To date, the Company has repurchased 1,521,000 shares, accounting for 0.1604% of the shares issued on the date of the repurchase authorization resolution (excluding the stock shares). The repurchase activity complies with the relevant rules of the HKEx and the Company will not conduct any new share issuance or re-sale or transfer of stock shares within 30 days of the repurchase.