Summary by Futu AI
AAC TECH Holdings Limited repurchased 0.2 million ordinary shares on December 20, 2024, as treasury shares. The repurchase price ranged from HKD 36.8 to HKD 37.95, with an average price of HKD 37.3119 per share, totaling an expenditure of HKD 7.46238 million.After the repurchase, the company had issued shares (excluding treasury shares) decreased to 1.197635 billion shares, with treasury shares increasing to 0.865 million shares, maintaining total capital at 1.1985 billion shares unchanged. This repurchase accounted for 0.0166% of the company’s existing issued shares (excluding treasury shares).According to the authorization from the General Meeting of Shareholders on May 23, 2024, the company is allowed to repurchase up to 0.11985 billion shares. As of this repurchase, the company has accumulated a buyback of 0.865 million shares, accounting for 0.0721% of the authorized total. The company is prohibited from issuing new shares or selling or transferring treasury shares within 30 days following this buyback (i.e., before January 19, 2025).