Caixin News Agency, December 16th - Beike (02423/BEKE) has released an announcement disclosing its stock changes as of December 13, 2024. The announcement shows that the total number of issued shares of the company is 3.48 billion shares, and there has been no change. In addition, the company conducted multiple share repurchases from November 25 to December 13, 2024, with repurchase quantities of 640000 shares, 650000 shares, 620000 shares, etc., with an average repurchase price ranging from $6.1538 to $7.2136.
On December 13th, the company repurchased 620000 shares and paid 4 million US dollars.
According to the announcement, the company's repurchased shares account for 1.531% of its total issued shares (excluding treasury shares). The purpose of repurchasing shares is to propose cancellation, but as of now, the cancellation has not been completed. The company plans to suspend any new stock issuance or sale of treasury shares before January 12, 2025. This repurchase activity follows the relevant provisions of the Main Board Listing Rules.