Summary by Moomoo AI
On August 15, 2024, Xiaomi Group submitted a disclosure report for the next day, disclosing the changes in issued shares and treasury shares. The report shows that Xiaomi Group granted share rewards or options to participants (excluding directors) from August 5 to August 15, 2024, according to the share plan, and issued new shares or transferred treasury shares, involving a total of 316,000 new shares with a issue price per share ranging from HKD 2.68 to HKD 2.69. In addition, on the same day, the company repurchased and cancelled 39,034,400 Class B ordinary shares at a repurchase price per share of HKD 16.3. After the repurchase, the company converted Class A ordinary shares to Class B ordinary shares, with a quantity of 19,841,058 shares. All of these changes have been formally authorized and approved by the board of directors and comply with all applicable listing rules, laws, and other regulatory requirements. After the repurchase and conversion, the number of issued Class B ordinary shares of Xiaomi Group has decreased to 20,403,587,257 shares, and the number of Class A ordinary shares is 4,517,817,786 shares.
