Summary by Moomoo AI
TUNG FENG AUTOMOBILE GROUP CO., LTD. (DONGFENG GROUP) FILED THE FOLLOWING DAY DISCLOSURE REPORT WITH THE HONG KONG STOCK EXCHANGE LIMITED ON 16 APRIL 2024 DISCLOSING THE REPURCHASE OF ITS SHARES. According to the report, Dongfeng Group repurchased 5,720,000 shares of ordinary shares on April 16, 2024, representing 0.23% of its issued shares. The price of the repurchased shares ranged from HKD 2.72 to HKD 2.74, with a total expenditure of approximately HKD 15,590,432. After the share buyback, the number of outstanding shares of Dongfeng Group remained at 2,519,690,000 shares. Company Secretary Liao Hin-chi confirms that all relevant legal and regulatory procedures have been followed and that the repurchase operation has been formally authorized by the Board of Directors.