Summary by Moomoo AI
East Buy Holdings Limited (Stock Code: 01797) submitted a new shareholding change report on September 13, 2024. The report shows that the company conducted a share repurchase activity through the rules of the Hong Kong Stock Exchange from September 2 to September 13, 2024, repurchasing a total of 1,563,000 shares, accounting for approximately 0.1517% of the issued shares. The repurchased shares will be cancelled, but have not been cancelled as of the report submission date. The repurchase price ranged from HKD 12.04 to HKD 12.8682, with a total payment of approximately HKD 6,992,060. In addition, the company confirmed that all repurchase activities were approved by the board of directors and comply with relevant legal and regulatory requirements. According to the rules, the company may not issue new shares or sell any treasury shares within 30 days after repurchasing shares, therefore, East Buy will enter into a suspension period until October 12, 2024.
