Summary by Futu AI
On December 20, 2024, ANTA SPORTS Products Limited repurchased 606,800 ordinary shares on the Hong Kong Stock Exchange, accounting for 0.0214% of the company's total issued shares. The repurchase price range was HK$79.65 to HK$80, with a total expenditure of HK$48,509,715.8.Since the authorization from the shareholder meeting on May 8, 2024, the company has cumulatively repurchased 10.0068 million shares, accounting for 0.3533% of the issued shares on the day of authorization. According to the authorization, the company may repurchase up to 283,262,350 shares. The company stated that it would not issue new shares or sell or transfer treasury shares within 30 days following this repurchase (i.e., before January 19, 2025).As of December 20, 2024, the total number of issued shares of ANTA SPORTS remains at 2,829,226,300 shares, with no changes. The company's ongoing share repurchase demonstrates management's confidence in the company's value.