Summary by Moomoo AI
TUNG FENG AUTOMOBILE GROUP CO., LTD. (HEREINAFTER REFERRED TO AS DONGFENG GROUP) REPURCHASED SHARES ON 12 APRIL 2024. THE COMPANY FILED A DISCLOSURE STATEMENT THE FOLLOWING DAY WITH THE HKEX UNDER THE SECURITIES LISTING RULES OF THE HONG KONG STOCK EXCHANGE LIMITED. The repurchase involved 8,080,000 shares of ordinary shares, representing 0.32% of the company's shares issued prior to the repurchase. The share repurchase price ranges from HKD 2.84 to HKD 2.87 per share, with a total transaction amount of HKD 23,053,048. In addition, since the adoption of the Company's Ordinary Resolution, Dongfeng Group has repurchased 267,792,000 shares on the Hong Kong Stock Exchange, representing 9.61% of the total number of shares issued at that time. Company Secretary Liao Hin-chi confirmed that all transactions are in compliance and have been formally authorized by the Board of Directors.