Summary by Moomoo AI
Hang Seng Bank Limited submitted a new disclosure report on August 14, 2024, disclosing its share repurchase situation. The report shows that Hang Seng Bank repurchased shares multiple times between August 1 and August 14, 2024, in accordance with the regulations of the Hong Kong Stock Exchange, and intends to cancel the repurchased shares. The total number of repurchased shares is 2,228,000, accounting for approximately 0.0121% of the shares issued, and the repurchase price range is HKD 88.8888 to HKD 92.4727. This action was based on a resolution passed at the shareholder's annual meeting on May 8, 2024, granting the company a general authorization to repurchase ordinary shares not exceeding 10% of the total number of issued shares before the end of the shareholder's annual meeting in 2025. As of August 14, 2024, Hang Seng Bank had repurchased 16,374,600 shares under the authorization, accounting for 0.8574% of the total number of authorized repurchased shares. The suspension period after the repurchase will continue until September 13, 2024.