Summary by Futu AI
Skyworth Group Co., Ltd. (Skyworth Group) submitted the disclosure report for the next day on September 3, 2024, disclosing its share repurchase situation. According to the report, Skyworth Group repurchased shares from August 28, 2024, to September 3, 2024, in accordance with the regulations of the Hong Kong Stock Exchange. The company repurchased a total of 2,144,000 ordinary shares during the above-mentioned period, at a repurchase price ranging from HKD 2.7739 to HKD 2.9 per share, with a total cost of approximately HKD 6,118,000. The repurchased shares are intended to be cancelled, but as of the reporting date, they have not been cancelled. In addition, Skyworth Group confirmed that there have been no significant changes since the explanatory letter submitted to the exchange on April 19, 2024. The company's share repurchase authorization was approved on May 24, 2024, and 71,314,000 shares were repurchased in accordance with the authorization, accounting for 3.02% of the issued shares on that day (excluding treasury shares). The suspension period after the repurchase will continue until October 3, 2024.
