Summary by Moomoo AI
On November 22, 2024, china youzan conducted a repurchase of 5 million shares on the Hong Kong Stock Exchange, with a repurchase price of HKD 0.096 per share, totaling HKD 480,000. The repurchased shares will be held as inventory and not canceled. This repurchase accounts for 0.016% of the total shares issued before the repurchase.
According to the buyback authorization, china youzan can repurchase a total of 3,297,830,875 shares, with 104,748,000 shares already repurchased, accounting for 0.3176% of the authorized total. This repurchase authorization was approved on June 28, 2024. According to regulations, no new shares may be issued or inventory shares sold within 30 days of the repurchase, with the suspension period ending on December 22, 2024.
This repurchase complies with the relevant regulations of the Hong Kong Stock Exchange and a related explanatory letter was submitted to the exchange on June 4, 2024, confirming no significant changes.
