Summary by Futu AI
ENN Energy announced on September 23, 2024, that, in accordance with the share incentive plan adopted on November 30, 2018, it has completed using Hong Kong dollars equivalent to not more than 100 million US dollars to purchase shares for the share incentive plan. Currently, the trust holds approximately 1.47% of the issued shares. In addition, the board of directors announced the use of no more than 0.3 billion Hong Kong dollars for new incentive share purchases, as well as another no more than 0.3 billion Hong Kong dollars for a share repurchase plan, aiming to motivate employees and attract talent. These actions will be in line with the repurchase authorization granted by shareholders at the meeting on May 31, 2024. The board believes that these plans reflect confidence in the company's operational growth prospects and financial condition, and are in the overall interest of the company and shareholders. Share purchases will be subject to market conditions and the discretion of the board, reminding shareholders and potential investors to be cautious when trading.