Summary by Futu AI
On November 4, 2024, XYZ Technology Limited submitted the next-day disclosure report to the Hong Kong Stock Exchange, disclosing the changes in the company's shareholding. The report shows that as of November 1, 2024, the total number of issued shares of XYZ Technology was 32,893,448,752 shares, with treasury shares of 84,860,000 shares. On November 4, 2024, the company repurchased 5,200,000 ordinary shares at a repurchase price of 0.106 Hong Kong dollars per share, increasing the treasury shares to 90,060,000 shares after the repurchase. The repurchased shares will be held as treasury shares and will not be cancelled. The repurchase activity was carried out based on the repurchase authorization granted on June 28, 2024, allowing the company to repurchase up to 3,297,830,875 shares. As of the repurchase date, the company has repurchased 90,060,000 shares under the authorization, accounting for 0.2731% of the issued shares (excluding treasury shares) on that day. Following the repurchase, the company will comply with the relevant rules and will not issue any new shares or resell or transfer treasury shares before December 4, 2024.
