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Millet Repurchase 2 Million 792 Thousand Shares Involving About HK $24 Million 996 Thousand And 700

2019/10/8 13:39:00 0

MilletBuy Back SharesAnnouncementStock Price RiseBoard Of Directors

On October 5th, Xiaomi group bought 2 million 792 thousand shares yesterday, and the price was HK $8.92 to HK $8.96 per share, involving about HK $24 million 996 thousand and 700. According to the media, Xiaomi has bought shares of the company several times this year.

In January, June and July, there were intensive repurchase shares. According to the Quarterly Bulletin released in August 21st, "as at the date of this announcement, the company has purchased 125 million shares, and the total cost (including transaction cost) is HK $1 billion 200 million."

Later last month, Xiaomi also announced that the board of directors of millet would exercise the share repurchase rights granted before the shareholders' meeting, and in the effective period of rights, it would buy shares from the open market irregularly, in accordance with the total price of no more than HK $12 billion. After the announcement of the buyback announcement, the share price of millet rose more than 5%, rising from HK $8 to HK $9.

Subsequently, millet bought shares for 6 consecutive trading days. Millet group bought shares for the sixth time in September 24th. The repurchase of 10 million 710 thousand shares, the total amount of nearly HK $100 million. The repurchase price was HK $9.38 per share, and the lower price was HK $9.26.

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