Summary by Moomoo AI
Xiaomi Group submitted a new next day disclosure report on November 12, 2024, disclosing changes in the company's share structure. The report shows that from October 31, 2024 to November 12, 2024, Xiaomi Group granted share incentives or options to participants (excluding directors) under the share plan, resulting in the issuance of new shares. During this period, the company issued approximately 0.026 million Class B common shares, selling at prices ranging from 1.62 to 2.62 Hong Kong dollars per share. In addition, on November 12, the company repurchased and cancelled 1.7 million Class B common shares at a repurchase price of 18.46 Hong Kong dollars per share. On the same day, Xiaomi Group also converted 307,652 Class A common shares into Class B common shares. These changes have been formally authorized by the board of directors and comply with the requirements of the Hong Kong Stock Exchange Listing Rules.
