Summary by Futu AI
The centralized vehicle was disclosed on April 26, 2024, that UBS AG may carry out a share repurchase through a comprehensive offer. In accordance with Rule 22 of the Hong Kong Code of Companies Acquisitions and Mergers, UBS AG entered into the relevant transaction on 25 April. The transaction consisted of the purchase of 8,300 shares of ordinary shares for a total amount of HK$90,975.47 with a maximum price of HK$11.0207 and a minimum price of HK$10.8605. UBS AG ALSO SOLD 2,300 SHARES OF ORDINARY SHARES FOR A TOTAL AMOUNT OF HK$24,893.82, WITH A MAXIMUM PRICE OF HK$10.9567 AND A LOWEST PRICE OF HK$10.7110. These transactions are part of Delta 1 product hedging activities and are driven by customer demand. UBS AG is a company owned by UBS Group AG and is an exempt self-employed seller associated with the Contracting Party. The transaction amount and price are converted into HKD based on the exchange rate on 25 April 2024.