Summary by Moomoo AI
Skyworth Group Limited submitted a new next-day disclosure report on September 25, 2024, disclosing details of its share repurchase activities. According to the report, Skyworth Group conducted multiple share repurchases through the main board rules of The Stock Exchange of Hong Kong Limited from September 16 to 25, 2024, and intends to cancel the repurchased shares. During this period, the company repurchased approximately 1,192,000 to 4,184,000 shares, with a repurchase price per share ranging from HKD 2.6834 to HKD 2.9949. The last repurchase occurred on September 25, 2024, with 4,184,000 shares repurchased on that day for a total consideration of HKD 12,530,661.6. The company's share repurchase authorization was approved on May 24, 2024, and under the authorization, the total number of shares the company can repurchase is 236,142,342 shares. As of the reporting date, the total number of repurchased shares is 87,242,000 shares, representing 3.69% of the shares issued on that date. Following the repurchase activities, the company will enter into a moratorium period for new share issuance or for the resale or transfer of treasury shares until October 25, 2024.
