Summary by Futu AI
Meituan submitted its disclosure report on the following day of September 5, 2024, disclosing that there were no changes in the issued shares or treasury shares, remaining at 5,522,480,294 Class B ordinary shares and 115,843,100 treasury shares. On the same day, Meituan also conducted a share buyback, repurchasing a total of 4,184,000 Class B ordinary shares at a repurchase price ranging from HKD 117.9 to HKD 120 per share, with a total consideration of HKD 498,172,144. These shares are proposed to be cancelled, and the buyback activity is conducted in accordance with the rules of the main board of The Stock Exchange of Hong Kong Limited. After the buyback, Meituan will enter into a one-month moratorium period until October 5, 2024, during which no new share issuances or re-sales or transfers of treasury shares are allowed.