Summary by Moomoo AI
Xiaomi Group submitted a new disclosure report on July 12, 2024, disclosing the changes in its issued shares and treasury shares. The report shows that Xiaomi Group issued 239,000 new shares on July 12, 2024, and repurchased 1,500,000 shares at a price of HKD 16.93 per share, with a total repurchase price of HKD 25,395,000. In addition, the company also conducted several share repurchases during the period from March to June 2024, with a repurchase total of millions of shares at a repurchase price ranging from HKD 14.84 to 17.87 per share. According to the report, the repurchased shares will be held as treasury shares, not cancelled. Xiaomi Group confirmed that all share changes comply with relevant listing rules and laws, and have been formally authorized by the board of directors. The repurchase authorization resolution was passed on June 6, 2024, and within 30 days after the repurchase, the Company will not issue any new shares or transfer treasury shares.
