Lufax Reports Stable Capital, Increased Shares

Lufax Holding (LU) has released an update.

Lufax Holding Ltd, listed under stock code 06623, reported no change in authorized share capital, maintaining 10 billion authorized ordinary shares with a total value of USD 100,000 at the end of July 2024. However, there was a significant increase in issued shares, with the total reaching 1.73 billion, excluding treasury shares, by month-end. The company also highlighted that 13.88 million shares may be issued upon the exercise of all share options under its 2014 Share Incentive Plan.

For further insights into LU stock, check out TipRanks’ Stock Analysis page.