Summary by Moomoo AI
XPeng Motors Co., Ltd. issued 1,228,750 shares of Class A common stock on December 18, 2024, to satisfy the restricted stock units granted under the 2019 Stock-based Incentive plan. This issuance accounts for 0.06% of the total number of shares outstanding before the issuance (excluding treasury shares).After the issuance, the total number of Class A common shares of the company increased from 1,550,480,612 shares to 1,551,709,362 shares. The company confirms that this share issuance has been formally authorized and approved by the Board of Directors and complies with all applicable listing rules, laws, and other regulatory requirements. The total number of shares issued by the company (including Class A and Class B common shares) is 1,899,188,869 shares.
