Summary by Moomoo AI
Skyworth Group Limited submitted its next-day disclosure report on September 17, 2024, disclosing the share repurchase situation. According to the report, Skyworth Group conducted multiple share repurchases from August 28 to September 17, 2024, in accordance with the regulations of the Hong Kong Stock Exchange, with a total repurchased share of 2,332,000 shares, accounting for 0.102% of the issued shares. The repurchase price per share ranged from HKD 2.6834 to HKD 2.8939. The repurchased shares are intended to be cancelled and there are no shares held as treasury stock. In addition, the company confirms that there have been no significant changes in the relevant information since April 19, 2024. The repurchase activity is conducted under the repurchase authorization passed on May 24, 2024, which allows the company to repurchase up to 236,142,342 shares. As of the reporting date, the company has repurchased 75,338,000 shares, accounting for 3.19% of the total authorized repurchased shares. After the repurchase, the company will enter a moratorium period until October 17, 2024, during which no new share issuance or resale or transfer of treasury stock is allowed.
