Summary by Moomoo AI
Meituan submitted its disclosure report on the following day on June 12, 2024, disclosing changes in its issued shares or treasury shares. The report shows that Meituan repurchased its shares several times in between April 5 and June 12, 2024, under the regulations of Hong Kong Stock Exchange, but these shares have not yet been cancelled. The total number of repurchased shares is 4,395,300 shares, with a total payment price of HKD 499,965,814.53. The repurchased shares are planned to be cancelled instead of being held as treasury shares. In addition, Meituan confirms that there has been no significant change since the explanatory letter submitted to the exchange on June 8, 2023. According to the repurchase authorization, Meituan can repurchase up to 6,242,125,272 shares, and as of now, it has repurchased 97,587,800 shares, accounting for 1.5634% of the shares issued on that day. After the repurchase, Meituan will comply with relevant regulations and will not issue any new shares or resell or transfer treasury shares until July 12, 2024.