Summary by Moomoo AI
SAMSONITE International Company Limited repurchased 515,100 shares of common stock on January 2, 2025, on the Hong Kong Stock Exchange, accounting for 0.0368% of the total issued shares of the company. The repurchase price Range was HK$21.5 to HK$22.25, with an average price of HK$22.0066, totaling approximately HK$11.3356 million.After the repurchase, the number of issued shares (excluding treasury shares) decreased from 1.3996 billion shares to 1.3991 billion shares, while the number of treasury shares increased from 62.6103 million shares to 63.1254 million shares. The company stated that this repurchase was conducted in accordance with the authorization granted at the Shareholder meeting on June 6, 2024, which allowed for the repurchase of up to 0.1461 billion shares. As of this repurchase, the company has cumulatively repurchased 63.1254 million shares, accounting for 43.20% of the total authorized amount.According to relevant regulations, the company is prohibited from issuing new shares or selling or transferring treasury shares within 30 days after this repurchase (i.e., until February 1, 2025), unless special approval is obtained from the Stock Exchange.
