Summary by Moomoo AI
On July 19, 2024, Kingsoft submitted a disclosure report for the following day, disclosing changes in the issuance or inventory of shares. The report shows that from June 17 to July 19, 2024, Kingsoft conducted multiple share repurchases in accordance with the regulations of the Hong Kong Stock Exchange and intends to cancel these shares. The total number of repurchased shares is 3,098,600, accounting for 0.23% of the issued shares (excluding treasury shares). The last repurchase occurred on July 19, 2024, when 269,800 shares were repurchased at a repurchase price ranging from HKD 22 to HKD 22.25 per share, with a total cost of approximately HKD 5,997,750. The company confirms that all repurchase activities have been approved by the board of directors and comply with relevant listing rules and laws and regulations. In addition, the company will enter into a moratorium period until August 18, 2024, during which no new shares may be issued or treasury shares resold or transferred.
