Summary by Moomoo AI
Bairong Cloud submitted a new share change report on November 11, 2024, disclosing the changes in issued shares or treasury shares. According to the Listing Rules of The Stock Exchange of Hong Kong Limited, companies are required to disclose share changes. The report shows that Bairong Cloud repurchased 584,000 Class B common shares on November 11, 2024, at a repurchase price per share ranging from HKD 9.81 to HKD 10.24, with a total consideration of HKD 5,891,765. The repurchased shares will be cancelled, not held as treasury shares. In addition, from March 27, 2024, to November 11, 2024, the company conducted multiple share repurchases at prices ranging from HKD 7.9869 to HKD 11.9307. Bairong Cloud confirms that all share repurchases were conducted in compliance with regulations with no significant changes. The resolution authorizing the repurchase was passed on June 21, 2024, allowing the company to repurchase a total of 49,102,996 shares. As of the reporting date, 14,767,000 shares have been repurchased, representing 3.007% of the total repurchase authorization.