Summary by Moomoo AI
On December 3, 2024, igg conducted a share buyback, with a total of 520,000 shares repurchased, which will be held as treasury stock. The price per share for this buyback ranged from HKD 3.62 to HKD 3.68, with the total amount paid being HKD 1,895,000. This buyback accounted for 0.0443% of the shares issued before the event. According to the announcement, igg's buyback action was authorized by the board of directors and complied with all applicable listing rules and legal regulations. This buyback was conducted under the repurchase authorization approved on May 29, 2024, which allows for a total repurchase of 118,032,559 shares. After the buyback, the total number of shares issued by igg is 1,172,432,599, with treasury shares numbering 1,879,000. Looking ahead, igg will suspend the issuance of new shares or the sale of treasury shares within 30 days following this buyback, until January 2, 2025.
