Summary by Moomoo AI
China Water Group Limited conducted a share repurchase activity on October 8, 2024, and made disclosures in accordance with the requirements of Rule 13.25A of the Main Board Listing Rules of The Stock Exchange of Hong Kong Limited and Rule 17.27A of the GEM Listing Rules. The company repurchased 120,000 ordinary shares on that day, with each share repurchase price ranging from HKD 5.11 to HKD 5.17, totaling HKD 616,200. After the repurchase, the company's issued shares decreased to 1,632,202,346 shares, while treasury shares increased to 120,000 shares. These repurchased shares will be held as treasury shares, not immediately cancelled. The company confirms that this repurchase activity has been formally authorized by the board of directors and complies with all applicable listing rules, laws, and other regulatory requirements. The authorization for the repurchase activity was obtained on September 9, 2024, and within 30 days after the repurchase, until November 7, 2024, the company will not undertake any new share issuances or further sales or transfers of treasury shares.
