Summary by Moomoo AI
ANTA SPORTS Products Limited repurchased a total of 6,906,000 ordinary shares on the Hong Kong Stock Exchange during the period from December 20 to 31, 2024, over six consecutive trading days, with a total value of about 0.55 billion Hong Kong dollars. Among them, on December 31, 635,000 shares were repurchased at a price ranging from 77.45 Hong Kong dollars to 78.9 Hong Kong dollars, with a total payment of about 49.77 million Hong Kong dollars.Since receiving repurchase authorization from the Shareholders' Meeting on May 8, 2024, the company has cumulatively repurchased 16,306,000 shares, accounting for 5.76% of the total authorized repurchased shares. According to relevant regulations, ANTA SPORTS cannot issue new shares or sell or transfer treasury shares within 30 days after this repurchase, with the suspension period ending on January 30, 2025. This large-scale repurchase may reflect the company's confidence in its own value, but the specific impact still needs to be further observed.
