Summary by Moomoo AI
On June 18, 2024, Xiaomi Group submitted a disclosure report for the following day, disclosing the changes in its shareholding. The report showed that on June 17 and 18, 2024, Xiaomi Group issued 7,000 and 39,000 new shares respectively at a price of HK$2.69 per share according to the share plan to grant share rewards or options to participants (except directors). In addition, on the same day, the company repurchased 1,700,000 shares at a repurchase price of HK$17.42 per share and held them as inventory shares. According to the report, Xiaomi Group also carried out multiple share repurchases from March to June 2024, and plans to cancel these shares. The total number of repurchased shares reached 2,502,224,902 shares, accounting for 0.04% of the issued shares. The company confirmed that all share issuances and inventory share sales or transfers have been formally authorized and approved by the board of directors, and comply with all applicable listing rules, laws, and other regulatory requirements.