Summary by Moomoo AI
Scholar edu Group (01769.HK)'s latest monthly securities change report submitted on July 31, 2024 shows an increase in the number of common stock shares in the company in July. According to the report, the total number of issued shares at the end of last month was 555,700,000 shares, which increased to 564,869,050 shares at the end of this month, an increase of 9,169,050 shares. The increase in shares this time was mainly due to the exercise of stock options, which were approved on June 3, 2019 and granted on February 6, 2023. This month, the total amount of funds received from exercising stock options was HKD 14,853,861. The report also stated that the company's statutory/registered share capital remained unchanged at USD 1,000,000. In addition, the 1,088,000 common shares repurchased and intended for cancellation on May 19, 2023 by the company have not been cancelled yet. Company Secretary Su Weiheng submitted the report to Hong Kong Securities Clearing Company Limited on August 5, 2024.
