Summary by Futu AI
On December 11, 2024, IGG repurchased 0.23 million ordinary shares on the Hong Kong Stock Exchange as treasury stock. The repurchase price ranged from HKD 3.83 to HKD 3.87 per share, with an average price of HKD 3.8491, for a total expenditure of approximately HKD 0.8853 million. This repurchase accounted for 0.0196% of the company's issued shares (excluding treasury stock). After the repurchase, IGG's issued shares (excluding treasury stock) decreased to 1.171 billion shares, while treasury stock increased to 3.142 million shares, maintaining the total share capital at 1.174 billion shares. According to the authorization from the shareholder meeting on May 29, 2024, IGG can repurchase up to 0.118 billion shares. As of this repurchase, the company has cumulatively repurchased 3.142 million shares, accounting for 2.662% of the authorized limit. The company is prohibited from issuing new shares or selling treasury stock within 30 days following this repurchase, with the suspension period ending on January 10, 2025.
