KE Holdings Announces Share Repurchases and Conversions

KE Holdings Inc. Sponsored ADR Class A (BEKE) has released an update.

KE Holdings Inc. has disclosed a series of share repurchases that have not been cancelled, affecting its issued share capital. Additionally, on May 22, 2024, the company cancelled a significant number of repurchased shares and converted Class B ordinary shares to Class A. These financial maneuvers reflect changes in the company’s equity structure and are part of its ongoing capital management strategy.

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