Summary by Moomoo AI
Bairong Cloud was disclosed on July 16th, 2024 in the next day disclosure report, which disclosed changes in the issuance or inventory of its shares. The report shows that the company distributed and issued 3,750 shares of Class B common stock on July 16th, 2024 according to the share incentive plan approved in August 2019, accounting for 0.001% of the company's total issued shares. In addition, from March 26th, 2024 to July 16th, 2024, the company conducted multiple share buybacks through the Hong Kong Stock Exchange, with a total of 1,516,000 shares repurchased, accounting for 0.309% of the shares issued on that day. All repurchased shares will be cancelled. The last transaction of the repurchase activity was completed on July 16th, 2024, with a repurchase of 160,000 shares at a repurchase price ranging from HKD 9.18 to HKD 9.39 per share, with a total amount of HKD 1,480,530. According to the report, all changes in shares have been approved by the board of directors and comply with relevant listing rules and legal requirements.