Summary by Moomoo AI
On July 17, 2024, Meituan submitted a disclosure statement to the Hong Kong Stock Exchange to report changes in its issued shares or treasury shares. The report shows that on the same day, Meituan repurchased 4,212,300 Class B ordinary shares, accounting for 0.0686% of its issued shares, with a repurchase price per share ranging from HKD 116.2 to HKD 120, for a total payment of HKD 499,977,684.81. The repurchased shares will be held as treasury shares. After the repurchase, Meituan's total issued shares were 5,541,056,989 shares, and its treasury shares were 83,857,900 shares on July 17, 2024. According to the rules, Meituan cannot issue new shares or sell or transfer any treasury shares within 30 days after the repurchase, unless approved by the exchange. The repurchase was made based on the repurchase authorization resolution obtained by the company on June 14, 2024, which allows Meituan to repurchase up to 623,505,601 shares.