Summary by Futu AI
Modern Dental submitted a new disclosure report on July 16, 2024, disclosing changes in the company's shareholding. The report shows that Modern Dental conducted multiple share buybacks through the Main Board Rules of The Stock Exchange of Hong Kong Limited (HKEX) between June 14, 2024 and July 16, 2024, and intends to cancel those shares. The total number of repurchased shares was 1,821,000, accounting for 0.192% of the company's issued shares. The latest repurchase occurred on July 16, 2024, when 100,000 shares were repurchased at a price ranging from HKD 4.04 to HKD 4.08 per share, with a total payment of HKD 407,810. In addition, the company confirmed that all repurchase activities were in compliance with relevant rules of the HKEX and there were no significant changes. The resolution authorizing the repurchase was passed on May 30, 2024, and the total number of shares that the company can repurchase according to the authorization is 94,839,800 shares. After the repurchase, the company will enter a moratorium period for new stock issuance or resale or transfer of treasury shares until August 16, 2024.