Summary by Futu AI
Meituan submitted its next-day disclosure report on September 11, 2024, disclosing changes in its shareholding. The report shows that Meituan conducted a share repurchase activity through the Hong Kong Stock Exchange between September 2, 2024 and September 11, 2024, but the repurchased shares have not been cancelled. During this period, Meituan repurchased approximately 13.725 million Class B ordinary shares, accounting for 2.2013% of its issued shares. The total number of repurchased shares was 4.2022 million shares, with a total payment price of 0.499 billion Hong Kong dollars. The last transaction of the repurchase activity took place on September 11, 2024, with a repurchased share quantity of 4.2022 million shares and a repurchase price per share ranging from 116.7 Hong Kong dollars to 119.8 Hong Kong dollars. Meituan has confirmed that the repurchase activity complies with the regulations of the Hong Kong Stock Exchange and has no significant changes. In addition, Meituan will not engage in any new share issuance, resale, or transfer of treasury shares within 30 days after the share repurchase, until October 11, 2024.
