Summary by Moomoo AI
Hang Seng Bank Limited submitted a new next-day disclosure report to The Stock Exchange of Hong Kong Limited on September 2, 2024, disclosing changes in its share repurchases and/or sales of treasury shares on the market. The report shows that Hang Seng Bank repurchased a total of 4,856,000 ordinary shares through multiple transactions between August 1, 2024, and September 2, 2024, at a repurchase price ranging from HKD 88.8888 to HKD 95.1698 per share. All repurchased shares are intended to be cancelled. In addition, Hang Seng Bank confirms that the repurchases have been made in accordance with the Main Board Listing Rules and there are no significant changes. The resolution authorizing the repurchases was passed on May 8, 2024, allowing the issuer to repurchase a total of 190,970,873 shares. As of the reporting date, 19,338,600 shares have been repurchased, accounting for 1.0126% of the authorized repurchases. The repurchase suspension period will continue until October 2, 2024.