Summary by Moomoo AI
Hang Seng Bank Limited submitted a new share movement report on August 29, 2024, disclosing the changes in issued shares or Treasury shares. According to the report, Hang Seng Bank conducted multiple share buybacks through the Main Board Rules of The Stock Exchange of Hong Kong Limited between August 1, 2024, and August 29, 2024, and intends to cancel the repurchased shares. The total number of repurchased shares is 228,000, with a repurchase price per share ranging from HKD 88.8888 to HKD 95.1, and a total price paid of HKD 21,514,422. The company obtained the general authorization for the repurchase of shares at its shareholder's annual general meeting on May 8, 2024, and will not engage in any new share issuance or resale or transfer of Treasury shares during the prescribed suspension period. Hang Seng Bank confirms that all related buyback activities are conducted in accordance with applicable listing rules, laws, and other regulatory requirements.
