Summary by Futu AI
Sun Hung Kai Properties Limited submitted its next-day disclosure statement on September 16, 2024, disclosing the changes in its shareholding. According to the statement, as of August 31, 2024, the total number of issued shares of the company was 1,965,058,493 shares, with no treasury shares. As of September 16, 2024, the number of issued shares remains unchanged, but the company has repurchased 5,000 shares, accounting for 0.0003% of the issued shares, at a repurchase price of HKD 2.438 per share. These repurchased shares will be proposed for cancellation. The company confirms that the share repurchase has been approved by the board of directors and complies with all applicable listing rules, laws, and other regulatory requirements. In addition, the company obtained repurchase authorization on May 28, 2024, with a total number of authorized repurchase shares of 196,515,849 shares, and the cumulative number of repurchased shares is currently 105,000 shares. After the repurchase, the company will enter a temporary suspension period until October 16, 2024.
