Summary by Moomoo AI
Bilibili Inc. reported changes in its issued shares and stock repurchases from December 6-11, 2024. The company issued 47,283 new Class Z ordinary shares due to employee stock option exercises, increasing total issued shares to 331,972,557.Bilibili also repurchased 42,326 Class Z ordinary shares on NASDAQ on December 11 at prices between $19.79 and $19.99, totaling $843,138.15. This brings total shares repurchased under the current mandate to 353,741, or 0.0854% of issued shares. The company is authorized to repurchase up to 41,413,503 shares under the mandate approved on June 28, 2024.A moratorium on new share issuances or sales following these repurchases is in effect until January 10, 2025. The company confirmed all transactions comply with applicable rules and regulations.
