Summary by Futu AI
Kuaishou Technology submitted a new disclosure report on September 19, 2024, disclosing its shareholding changes. The report shows that Kuaishou Technology exercised options under the employee stock ownership plan adopted on February 6, 2018, resulting in an increase in the number of issued shares from 3,585,033,823 shares to 3,585,081,837 shares on September 19, 2024. In addition, Kuaishou Technology conducted multiple share repurchases from August 26, 2024, to September 19, 2024, with a total repurchased share amount of 51,619,100 shares, and the repurchased shares have not been canceled. Kuaishou Technology has confirmed the receipt of all payments and has complied with all listing rules and legal requirements. The repurchase authorization was approved on June 13, 2024, and 71,500 shares were repurchased on September 19, 2024. After the repurchase, any new share issuance or the sale or transfer of treasury shares will be suspended until October 19, 2024.