Summary by Futu AI
ANTA SPORTS canceled 6,002,800 shares of common stock on December 30, 2024, which were repurchased from December 9 to 19, 2024. Therefore, the total number of shares issued by the company decreased from 2,829,226,300 shares to 2,823,223,500 shares.At the same time, ANTA SPORTS completed a significant debt restructuring. The company repurchased and canceled existing convertible Bonds worth €0.9455 billion on December 5 and 9, 2024, with a remaining unredeemed amount of €54.5 million. Additionally, the company issued new convertible Bonds of €1.5 billion on December 5, 2024, with an initial conversion price of HK$104.02 per share. Assuming full conversion, the new Bonds can be converted into 117,584,599 shares.These initiatives reflect ANTA SPORTS' proactive actions in optimizing its capital structure and financial management, which may aim to improve the company's financial condition and equity structure.