Summary by Moomoo AI
On July 23, 2024, Meituan submitted the disclosure report for the next day to the Hong Kong Stock Exchange, disclosing the company's share repurchase situation. According to the report, Meituan repurchased 7,015,000 shares of Class B common stock on the same day, with a repurchase price ranging from HKD 117.3 to HKD 120.1 per share, with a total cost of approximately HKD 831,771,356. After the repurchase, the company's treasury shares increased to 100,760,100 shares. The repurchase was made in accordance with the repurchase authorization resolution obtained by the company on June 14, 2024, which allows Meituan to repurchase up to 623,505,601 shares. After the repurchase activity, the company will enter into a one-month blackout period until August 22, 2024, during which no new shares may be issued or treasury shares sold. The report was submitted by joint company secretary Xu Sijia.