Summary by Moomoo AI
On June 24, 2024, Kingsoft submitted a new disclosure report, disclosing its shareholding changes. The report shows that Kingsoft repurchased shares through the regulations of the Hong Kong Stock Exchange between June 17 and 24, 2024, and plans to cancel the repurchased shares. The total number of repurchased shares is 665,200, accounting for 0.05% of the issued shares, and the repurchase price range is HKD 23.05 to HKD 25.0183. In addition, the company confirms that all transactions have been approved by the board of directors and comply with relevant listing rules and legal regulations. After the repurchase activity, the total number of issued shares of the company remained at 1,339,184,157 shares, and there were no changes in inventory shares. The resolution for the repurchase authorization was passed on May 23, 2024, and within 30 days after the repurchase, the company will not issue any new shares or sell or transfer inventory shares.