Summary by Moomoo AI
China Southern Airlines Co., Ltd. (Southern Airlines) issued a notice on April 2, 2024, updating the results of the transfer of its convertible corporate bonds (Southern Air Transfers) and stock changes. As of March 31, 2024, a total of RMB10,103,691,000 has been converted into Company A shares. The cumulative number of shares transferred was 1,619,181,334 shares, representing approximately 10.56% of the total issued shares of the pre-IPO company. In the same period, the amount of outstanding Southern Air Transferred Debt amounted to RMB5,896,309,000, representing approximately 36.85% of the total issued. The transfer amount for the quarter (January 1 to March 31, 2024) was RMB5,000 and the number of shares transferred was 810 shares. The current transfer price of RMB 6.17/share is RMB6.17/share during the transfer period from 21 April 2021 to 14 October 2026. In terms of share changes, the unrestricted floating shares (A shares) increased by 810 shares after this redistribution, and the total share capital changed from 18,120,906,806 shares to 18,120,907,616 shares.