Summary by Moomoo AI
On June 20, 2024, Meituan submitted a disclosure report for the next day, revealing the changes in its shareholding. The report shows that Meituan repurchased 2,506,300 Class B ordinary shares on the same day, accounting for 0.0404% of its issued shares, with a repurchase price of HKD 119.6854 per share. After this repurchase, Meituan's issued shares decreased to 5,611,438,900 shares, and its treasury shares increased to 13,459,000 shares. In addition, Meituan also issued 3,299 new shares under the employee share incentive plan on the same day. The company confirms that all share changes have been approved by the board of directors and comply with relevant listing rules and legal provisions. The repurchased shares will be held as treasury shares and will not be immediately cancelled. Meituan obtained the repurchase authorization on June 14, 2024, and entered into a suspension period after the repurchase of shares until July 20, 2024.