Summary by Futu AI
Guoquan Food (Shanghai) Co., Ltd. (GUOQUAN) submitted a new next day disclosure report on November 15, 2024, disclosing its share change. The report shows that GUOQUAN repurchased 3,500,000 ordinary shares on November 15, 2024, accounting for 0.1969% of its issued shares, with a repurchase price per share ranging from HKD 2.02 to HKD 2.05, totaling HKD 7,120,464. The repurchased shares will be held as treasury shares. After the repurchase, the company's issued shares decreased to 1,773,740,076 shares, while treasury shares increased to 24,318,400 shares. The share buyback was conducted under the repurchase authorization obtained by the company on June 27, 2024, and complied with relevant provisions of the Listing Rules of The Stock Exchange of Hong Kong Limited. In addition, the company will suspend any new share issuance or re-sale or transfer of treasury shares within 30 days after repurchasing shares, i.e. by December 15, 2024.