Summary by Moomoo AI
Kingsoft Limited submitted the next-day disclosure report on August 21, 2024, disclosing the changes in its issued shares or treasury shares. The report indicates that Kingsoft purchased a total of 1,339,184,157 ordinary shares through multiple buybacks between June 17 and July 19, 2024, and cancelled them on August 2 at a price range of HKD 20.1473 to HKD 25.0183. In addition, on August 21, 2024, the company made another buyback of 496,200 shares at a price of HKD 20.3 to HKD 19.98 per share, totaling HKD 9,997,080. After the buybacks, the total number of issued shares of the company decreased to 1,336,085,557. Kingsoft confirms that all share repurchase activities have been formally authorized by the board of directors and comply with all applicable listing rules, laws, and other regulatory requirements.
