Summary by Moomoo AI
On December 11, 2024, IGG repurchased 0.23 million shares of common stock on the Hong Kong Stock Exchange as treasury shares. The repurchase price ranged between HKD 3.83 and HKD 3.87 per share, with an average price of HKD 3.8491, resulting in a total expenditure of approximately HKD 0.8853 million.This repurchase accounts for 0.0196% of the company's issued shares (excluding treasury shares). After the repurchase, IGG's issued shares (excluding treasury shares) decreased to 1.171 billion shares, while treasury shares increased to 3.142 million shares, keeping total capital unchanged at 1.174 billion shares.According to the authorization from the shareholders' meeting on May 29, 2024, IGG may repurchase a maximum of 0.118 billion shares. As of this repurchase, the company has cumulatively repurchased 3.142 million shares, accounting for 2.662% of the authorized limit. The company is prohibited from issuing new shares or selling treasury shares within 30 days after this repurchase, with the suspension period ending on January 10, 2025.