Summary by Moomoo AI
On August 9, 2024, Kuaishou Technology submitted a new disclosure report, which disclosed the changes in its issued shares or treasury shares. According to the report, from August 8th to 9th, 2024, Kuaishou issued 8,353 new shares at a price of HKD 0.3273 per share, under the employee stock holding plan adopted on February 6, 2018, increasing the total number of issued shares from 3,599,827,665 to 3,599,836,018. In addition, the company repurchased and intends to cancel 1,198,800 shares during the same period, at repurchase prices of HKD 43.9013 and HKD 44.8884 per share. Kuaishou Technology confirmed that all the issuance or sale/transfers of treasury shares have obtained formal authorization and approval from the board of directors, and comply with all applicable listing rules, laws, and other regulatory requirements.
