Summary by Futu AI
Byd Company announced on October 18, 2024, that it has completed the repurchase and cancellation of 1,877,000 shares of A shares, resulting in changes to the company's registered capital and total equity. In addition, the company plans to revise its articles of association in accordance with relevant laws, regulations, actual business, and governance requirements. The board of directors approved the relevant amendments on the same day, including adjusting the company's registered capital from RMB 2911.142855 million to 2909.265855 million. The proposed amendments also need to be submitted to the shareholders' meeting for approval. Byd Company stated that after this equity change, the total number of ordinary shares is 2909.265855 million, with A-share shareholders holding 62.26% of the shares, and overseas listed foreign shareholders holding 37.74% of the shares.