Huize Holding Reports 2023 Results & $5M Buyback
Ticker: HUIZ · Form: 6-K · Filed: Mar 22, 2024 · CIK: 1778982
| Field | Detail |
|---|---|
| Company | Huize Holding Ltd (HUIZ) |
| Form Type | 6-K |
| Filed Date | Mar 22, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $5 Million |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-results, share-repurchase, sec-filing
TL;DR
Huize Holding dropped Q4/FY23 results and announced a $5M share buyback.
AI Summary
Huize Holding Limited filed a 6-K report on March 22, 2024, including press releases for its fourth quarter and full-year 2023 financial results and the authorization of a US$5 million share repurchase program. The company is based in Shenzhen, China, and operates in the insurance agents and brokers sector.
Why It Matters
The company's financial performance and commitment to returning capital to shareholders through a share repurchase program can impact investor confidence and stock valuation.
Risk Assessment
Risk Level: low — This filing is a routine report of financial results and a share repurchase authorization, which are standard corporate disclosures.
Key Numbers
- US$5 Million — Share Repurchase Program (Authorization for capital return to shareholders)
Key Players & Entities
- Huize Holding Limited (company) — Registrant
- US$5 Million (dollar_amount) — Share Repurchase Program Authorization
- 2023 (date) — Financial Results Period
- March 22, 2024 (date) — Filing Date
FAQ
What were Huize Holding's key financial results for the fourth quarter and full year 2023?
The filing references a press release (Exhibit 99.1) detailing the fourth quarter and full year 2023 unaudited financial results, but the specific numbers are not included in this summary document.
When was the share repurchase program authorized?
The share repurchase program was authorized in March 2024, as indicated by the filing date and the reference to Exhibit 99.2.
What is the total amount authorized for the share repurchase program?
Huize Holding authorized a US$5 million share repurchase program.
What is the primary business of Huize Holding Limited?
Huize Holding Limited operates in the INSURANCE AGENTS BROKERS & SERVICES sector, as indicated by its Standard Industrial Classification code [6411].
What form is this SEC filing?
This is a Form 6-K, which is a report of a foreign private issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.
Filing Stats: 174 words · 1 min read · ~1 pages · Grade level 13.1 · Accepted 2024-03-22 06:12:49
Key Financial Figures
- $5 Million — 99.2 Press ReleasesHuize Authorizes US$5 Million Share Repurchase Program SIGNATURES
Filing Documents
- d786102d6k.htm (6-K) — 9KB
- d786102dex991.htm (EX-99.1) — 167KB
- d786102dex992.htm (EX-99.2) — 6KB
- 0001193125-24-074474.txt ( ) — 183KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Huize Holding Limited By : /s/ Ronald Tam Name : Ronald Tam Title : Co-Chief Financial Officer Date: March 22, 2024