Summary by Moomoo AI
BYD Company completed the repurchase and cancellation of 1,877,000 shares of RMB ordinary shares on May 10, 2024, resulting in the total share capital of the company decreasing from 2,911.142855 million shares to 2,909.265855 million shares. After this share repurchase and cancellation, the shareholding ratio of A-share shareholders increased from 62.26% to 65.14%, while the proportion of overseas listed foreign shareholders' holdings decreased from 37.74% to 34.86%. BYD Company's move aims to optimize the share capital structure and enhance shareholder equity.