Summary by Moomoo AI
MGM CHINA Holdings Limited repurchased 35,000 shares of common stock on December 16, 2024, on the Hong Kong Stock Exchange, with each share priced between HKD 9.89 and HKD 10.16, at an average price of HKD 10.0375, for a total expenditure of HKD 351,312. Since the shareholder meeting approved the repurchase authorization on May 31, 2024, the company has cumulatively repurchased 9,207,600 shares, accounting for 2.42% of the total authorized repurchase shares of 380,627,672 shares. According to Hong Kong Stock Exchange rules, the company is prohibited from issuing new shares or selling treasury shares within 30 days after this repurchase. As of December 16, 2024, the total number of issued shares of MGM CHINA remains at 3,801,211,401 shares. The company has conducted multiple share repurchases since November 28, with a total of 1,211,400 shares repurchased but not yet canceled.
