share_log

Lufax | 6-K: Controlling Shareholders Increase Shareholding

SEC ·  Dec 5, 2024 20:49

Summary by Futu AI

On December 5, 2024, Lufax announced a significant shareholding restructuring involving its controlling shareholders. An Ke Technology, a subsidiary of Ping An Group, acquired 173,744,733 shares (approximately 10.02%) from Tun Kung through a tri-party agreement with Lanbang. As consideration, Tun Kung will repurchase all its shares held by Lanbang.Following the transaction completion, An Ke Technology and Ping An Overseas Holdings collectively increased their shareholding to approximately 66.85% of Lufax's total shares, while Tun Kung's stake decreased to 7.76%. The company confirmed maintaining sufficient public float in compliance with Stock Exchange listing rules.
On December 5, 2024, Lufax announced a significant shareholding restructuring involving its controlling shareholders. An Ke Technology, a subsidiary of Ping An Group, acquired 173,744,733 shares (approximately 10.02%) from Tun Kung through a tri-party agreement with Lanbang. As consideration, Tun Kung will repurchase all its shares held by Lanbang.Following the transaction completion, An Ke Technology and Ping An Overseas Holdings collectively increased their shareholding to approximately 66.85% of Lufax's total shares, while Tun Kung's stake decreased to 7.76%. The company confirmed maintaining sufficient public float in compliance with Stock Exchange listing rules.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.