Summary by Moomoo AI
On June 27, 2024, Meituan submitted a disclosure report for the next day, disclosing changes in the company's shareholding. According to the Listing Rules of the Hong Kong Stock Exchange, Meituan carried out a share buyback activity on the Hong Kong Stock Exchange, repurchasing a total of 4,377,700 Class B common shares, accounting for 0.0707% of the issued share capital, with a repurchase price ranging from HKD 112.6 to HKD 116.6 per share and a total payment amount of HKD 499,951,726.34. The repurchased shares will be held as treasury shares and will not be cancelled. After this repurchase, the total number of issued shares of Meituan is 5,589,831,823 shares, and the treasury shares increase to 35,066,100 shares. The authorization for the repurchase was approved on June 14, 2024. According to the authorization, Meituan can repurchase a total of 623,505,601 shares. After the repurchase activity, Meituan will enter a one-month suspension period until July 27, 2024, during which no new shares can be issued or treasury shares sold. The report was submitted by joint company secretary Xu Sijia.