Summary by Moomoo AI
On December 30, 2024, CHINA YOUZAN (formerly known as Youzan Technology) repurchased 5 million ordinary shares on the Hong Kong Stock Exchange as treasury shares. The repurchase price was HKD 0.133 per share, with a total value of HKD 0.665 million. This repurchase accounted for 0.016% of the company's existing issued shares (excluding treasury shares).After the repurchase, the number of issued shares (excluding treasury shares) decreased from 31,235,313,670 shares to 31,230,313,670 shares, while the number of treasury shares increased from 1,742,995,082 shares to 1,747,995,082 shares. The total number of issued shares of the company remained unchanged at 32,978,308,752 shares.Since the authorization given at the shareholder meeting on June 28, 2024, the company has cumulatively repurchased 114,436,000 shares, accounting for 0.347% of the issued shares on the authorization date. According to regulations, the company is not allowed to issue new shares or sell or transfer treasury shares from the date of this repurchase until January 29, 2025.
