Summary by Moomoo AI
Hang Seng Bank Limited submitted a new disclosure report on July 4, 2024, disclosing its share buyback situation. The report shows that between June 11 and July 4, 2024, Hang Seng Bank repurchased a total of 2,416,900 ordinary shares, accounting for approximately 0.1274% of the issued shares, through the Listing Rules of the Main Board of The Stock Exchange of Hong Kong Limited. The repurchased shares will be cancelled, but as of the reporting date, they have not yet been cancelled. The repurchase price ranges from HKD 100.5 to HKD 107.6197, with a total price of approximately HKD 20,219,540. This is in accordance with the ordinary resolution passed by shareholders on May 8, 2024, granting the bank a general authorization to repurchase no more than 10% of the issued shares. After the repurchase, Hang Seng Bank will enter a suspension period for new share issuance, sale or transfer of treasury shares until August 3, 2024.