Summary by Futu AI
ANTA SPORTS Holdings Limited repurchased a total of 6,906,000 ordinary shares on the Hong Kong Stock Exchange over six consecutive Trading days from December 20 to 31, 2024, at a total value of approximately 0.55 billion HKD. Among them, on December 31, 635,000 shares were repurchased at prices ranging from 77.45 HKD to 78.9 HKD per share, with a total payment of about 49.77 million HKD.Since obtaining buyback authorization from the shareholders' meeting on May 8, 2024, the company has accumulated a total of 16,306,000 shares repurchased, accounting for 5.76% of the total number of authorized repurchased shares. According to relevant regulations, ANTA SPORTS is prohibited from issuing new shares or selling or transferring treasury shares within 30 days after this buyback, with the suspension period ending on January 30, 2025. This large-scale buyback may reflect the company's confidence in its own value, but the specific impact still needs further observation.