Summary by Moomoo AI
On June 26, 2024, Kingsoft submitted a new disclosure report, disclosing the changes in its issued or treasury shares. According to the report, Kingsoft conducted a share buyback activity from June 17 to 26, 2024, under the rules of the Hong Kong Stock Exchange, repurchasing a total of 1,360,800 shares, accounting for 0.1% of the issued shares. The repurchased shares will be cancelled and the repurchase price ranges from HKD 22.95 to HKD 25.0183. The company confirmed that all repurchase activities have been formally authorized by the board of directors and comply with relevant listing rules and legal regulations. In addition, within 30 days after repurchasing the shares, that is, until July 26, 2024, Kingsoft will not issue any new shares or resell or transfer treasury shares.
