Summary by Futu AI
Skyworth Group Limited submitted its next-day disclosure report on August 29, 2024, disclosing its share repurchase activities. According to the report, Skyworth Group repurchased 62,000 shares and 50,000 shares of common stock on August 28 and 29, 2024 respectively, at prices of HKD 2.7739 and HKD 2.86 per share. The company confirmed that these repurchase activities were carried out in accordance with the relevant rules of the Hong Kong Stock Exchange. After the repurchase, the total number of issued shares of Skyworth Group remains unchanged at 2,293,393,420 shares. In addition, the company obtained repurchase authorization on May 24, 2024, allowing it to repurchase up to 236,142,342 shares, of which 68,382,000 shares have been repurchased so far, accounting for 2.9% of the issued shares. The repurchased shares are intended to be cancelled, but have not been cancelled as of the reporting date.