Summary by Moomoo AI
On December 13, 2024, CHINA YOUZAN (formerly Youzan Technology) repurchased 2.832 million shares of common stock on the Hong Kong Stock Exchange, accounting for 0.0091% of the existing issued shares (excluding treasury shares), at a repurchase price of HKD 0.113 per share, totaling HKD 0.32 million. The repurchased shares will be held as treasury shares.As of December 13, the company has issued shares (excluding treasury shares) of 31.235 billion shares, with treasury shares totaling 1.743 billion shares. Since the shareholder meeting on June 28, 2024, which approved the buyback authorization, the company has cumulatively repurchased 0.109 billion shares, accounting for 0.3318% of the issued shares on the authorization date. According to regulations, the company is not allowed to issue new shares or sell treasury shares from this repurchase until January 12, 2025.
