Summary by Futu AI
Kingsoft Limited submitted its next day disclosure report on July 19, 2024, disclosing the changes in the shares or treasury shares issued by the company. The report shows that Kingsoft Software has repurchased shares multiple times between June 17 and July 19, 2024, in accordance with the regulations of the Hong Kong Stock Exchange, and intends to cancel these shares. The total number of repurchased shares is 3,098,600, accounting for 0.23% of the shares issued (excluding treasury shares). The last repurchase occurred on July 19, 2024, when 269,800 shares were repurchased at a repurchase price between HK$22 and HK$22.25 per share. The total cost was approximately HK$5,997,750. The company confirmed that all repurchase activities have been approved by the board of directors and comply with relevant listing rules and legal requirements. In addition, the company will enter a moratorium period until August 18, 2024, during which no new shares may be issued or treasury shares may be resold or transferred after the share repurchase.
