Summary by Moomoo AI
Guoquan Food (Shanghai) Co., Ltd. submitted a new next-day disclosure report on November 15, 2024, disclosing its shareholding changes. The report shows that on November 15, 2024, GUOQUAN repurchased 3,500,000 ordinary shares, accounting for 0.1969% of its issued shares, with a repurchase price per share ranging from HKD 2.02 to HKD 2.05, for a total purchase price of HKD 7,120,464. The repurchased shares will be held as treasury shares. After the repurchase, the company's issued shares decreased to 1,773,740,076 shares, while treasury shares increased to 24,318,400 shares. The share repurchase was conducted based on the repurchase authorization obtained by the company on June 27, 2024, and in compliance with the relevant provisions of the Listing Rules of The Stock Exchange of Hong Kong Limited. In addition, the company will suspend any new share issuance or further sale or transfer of treasury shares within 30 days after the share repurchase, i.e., by December 15, 2024.
