Summary by Moomoo AI
Guoquan Food (Shanghai) Co., Ltd. completed a share repurchase on November 7, 2024. In accordance with the requirements of Rule 13.25A of the Main Board Listing Rules of the Hong Kong Stock Exchange and Rule 17.27A of the GEM Listing Rules, the company has submitted the next day disclosure report to the Hong Kong Stock Exchange. The report shows that on November 7, 2024, the company repurchased 4,800,000 ordinary shares, representing 0.267% of the issued shares, at a repurchase price ranging from HKD 2.03 to HKD 2.09 per share, with a total payment of HKD 9,927,920. The repurchased shares will be held as treasury shares. After the repurchase, the company's issued shares decreased to 1,793,258,476 shares, while the treasury shares increased to 4,800,000 shares. The share repurchase was conducted based on the authorization passed at the shareholder meeting on June 27, 2024, and within 30 days after the repurchase, the company will not engage in any new share issuance or sale or transfer of treasury shares.