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Re: Calvin Hobbes post# 10534

Tuesday, 12/05/2023 4:43:44 PM

Tuesday, December 05, 2023 4:43:44 PM

Post# of 19952
$ABQQ they update OS daily and currently no change to OS. However SEC has New Disclosure Rules posted below.
Outstanding Shares 2,567,226,432 12/04/2023
Restricted 336,930,406 12/04/2023
Unrestricted 2,230,296,026 12/04/2023

Outstanding Shares 2,567,226,432 11/13/2023
Restricted 336,930,406 11/13/2023
Unrestricted 2,230,296,026 11/13/2023
Held at DTC 2,229,725,046 11/13/2023
https://www.otcmarkets.com/stock/ABQQ/security

Here’s what the SEC will require under its strict new stock buyback disclosure rules
PUBLISHED FRI, MAY 5 2023
The new rules “will increase the transparency and integrity” of corporate stock repurchasing overall, and allow investors “to better assess issuer buyback programs,” SEC Chairman Gary Gensler said in a statement about the updated disclosures.

Gensler also noted the soaring rate at which U.S. corporate buybacks have grown in recent years, from a total of $950 billion worth in 2021, to more than $1.25 trillion worth last year.
What public companies will need to disclose
A daily log of share repurchase activity, disclosed at the end of each quarter as an exhibit in 10-Q reports and the annual 10-K report.
A description of the rationale behind each buyback, and the goals of that buyback. The issuer will also need to explain the criteria it used to determine how many shares to repurchase.
Whether certain directors or officers of the company bought or sold any of the shares in question within four days before or after the buyback.
More details about company stock trading agreements with their directors and officers, known as 10b5-1 plans. This includes the start and end dates, the total number of shares, and the material terms of these plans. https://www.cnbc.com/2023/05/05/sec-stock-buyback-disclosure-rules.html



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