Summary by Moomoo AI
On July 16, 2024, Kingsoft submitted a next-day disclosure report disclosing the company's shareholding changes. The report shows that Kingsoft conducted multiple share buybacks in accordance with the regulations of the Hong Kong Stock Exchange between June 17 and July 16, 2024, repurchasing a total of 2,828,800 shares, accounting for 0.21% of the issued shares. The repurchased shares will be proposed for cancellation, and within 30 days after the repurchase, the company will not issue any new shares or resell or transfer any treasury shares. Company Secretary Lu confirmed that all buyback activities have been formally authorized and approved by the board of directors, and comply with all applicable listing rules, laws, and other regulatory requirements.
