Summary by Futu AI
ANTA SPORTS announced on January 6, 2025, the disclosure report the following day, indicating that the company repurchased shares on the Hong Kong Stock Exchange for a continuous 9 trading days from December 20, 2024, to January 6, 2025. A total of 10,839,200 shares were repurchased, accounting for 0.3832% of the company's total issued shares, with a total expenditure of approximately 0.762 billion HKD. The latest repurchase occurred on January 6, 2025, with 1,325,000 shares bought back at a price between 74.25 HKD and 76.35 HKD per share, totaling approximately 99.62 million HKD spent. The company stated that all repurchased shares are intended for cancellation, but the cancellation process had not yet been completed as of the report date. ANTA SPORTS confirmed that the above repurchase was conducted based on the repurchase authorization approved at the Shareholder meeting on May 8, 2024, with an authorization limit of 283,262,350 shares. To date, the company has cumulatively repurchased 20,239,200 shares, accounting for 7.145% of the total authorized amount. According to regulations, the company shall not issue new shares or sell treasury shares within 30 days following this repurchase (i.e., before February 5, 2025).