Summary by Moomoo AI
Hang Seng Bank Limited submitted a new next-day disclosure report to The Stock Exchange of Hong Kong Limited on July 30, 2024, disclosing changes in its shareholdings. The report shows that Hang Seng Bank has conducted multiple share buybacks through Hong Kong Exchanges and Clearing Limited between July 2 and July 30, 2024, buying back 200,000 shares each time with a buyback price ranging from HKD 98.68 to HKD 103.2577 per share. These shares will be cancelled but have not been cancelled as of the report submission date. In addition, Hang Seng Bank confirmed that it has received all related payment and has complied with all listing rules, laws and other regulatory requirements. According to the buyback authorization passed by shareholders on May 8, 2024, Hang Seng Bank can buy back a total of 190,970,873 shares. Currently, 14,118,600 shares have been repurchased, accounting for 0.7393% of the issued shares. The suspension period after the repurchase will continue until August 29, 2024.
