Summary by Futu AI
Xiaomi Group submitted a new disclosure report on November 12, 2024, disclosing changes in the company's share structure. The report indicates that from October 31, 2024, to November 12, 2024, Xiaomi Group granted share incentives or options to participants (excluding directors) under the share plan, resulting in the issuance of new shares. During this period, the company issued approximately 0.026 million shares of Class B common stock, selling at prices ranging from HK$1.62 to HK$2.62 per share. In addition, on November 12, the company repurchased and cancelled 1.7 million shares of Class B common stock at a repurchase price of HK$18.46 per share. On the same day, Xiaomi Group also converted 307,652 shares of Class A common stock into Class B common stock. These changes were formally authorized by the board of directors and comply with the requirements of the Listing Rules of The Stock Exchange of Hong Kong Limited.