Summary by Moomoo AI
On June 24, 2024, Meituan submitted its disclosure statement for the following day, disclosing the changes in its issued and outstanding shares. The report showed that Meituan repurchased 4,378,700 Class B ordinary shares on June 24, 2024, accounting for 0.0706% of its issued shares, with a repurchase price of HKD 114.1792 per share. These shares will be held as treasury shares. In addition, on the same day, Meituan also issued 23 new shares under the employee share incentive plan. The repurchase activity was conducted in accordance with the Listing Rules of the Main Board of The Stock Exchange of Hong Kong Limited and has obtained formal authorization and approval from the board of directors. Meituan confirmed that all relevant laws and regulations have been complied with and all receivables have been collected in full. After the repurchase, Meituan will enter a one-month blackout period until July 24, 2024, during which it is prohibited from issuing new shares or selling or transferring any treasury shares.