Summary by Moomoo AI
Kuaishou Technology submitted a new disclosure report on August 28, 2024, disclosing the changes in its issued shares and treasury shares. The report shows that on August 28, 2024, Kuaishou Technology issued 45,402 new shares due to the exercise of employee share option plans, with an issuance price of HKD 0.3273 per share, which has a minimal impact on the company's existing issued shares. In addition, between August 8, 2024 and August 28, 2024, the company repurchased and intends to cancel millions of shares through multiple repurchases, with each repurchase having different quantities and prices. Kuaishou Technology confirms that all issuances of shares or sales or transfers of treasury shares have received formal authorization from the board of directors and comply with all applicable listing rules, laws, and other regulatory requirements. The repurchased shares will be cancelled after the settlement is completed after the end of the term.