Summary by Futu AI
AAC TECH Holdings Limited repurchased 275,000 ordinary shares on the Hong Kong Stock Exchange on December 27, 2024, as treasury shares. The repurchase price ranged between HKD 37.9 and HKD 38.85 per share, with a total value of approximately HKD 10.5093 million.The number of repurchased shares accounted for 0.0229% of the company's issued shares (excluding treasury shares). Following the repurchase, the company's issued shares (excluding treasury shares) reduced to 1,196,820,000 shares, while treasury shares increased to 1,680,000 shares. The total number of issued shares remained unchanged at 1,198,500,000 shares.According to the share repurchase authorization approved on May 23, 2024, the company can repurchase up to 119,850,000 shares. As of this repurchase, the company has cumulatively repurchased 1,680,000 shares, accounting for 0.1401% of the authorized repurchase total. The company is prohibited from issuing new shares or selling treasury shares within 30 days following this repurchase (i.e., before January 26, 2025).
