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 3, 2024, disclosing its shareholding changes. The report shows that from August 1, 2024, to September 2, 2024, Hang Seng Bank repurchased a total of 4,856,000 ordinary shares through multiple repurchase plans, accounting for approximately 0.257% of its issued shares. The repurchased shares are intended to be cancelled but have not been cancelled as of the report submission date. The repurchase price ranged from HKD 88.8888 to HKD 95.1698. In addition, on September 3, 2024, Hang Seng Bank repurchased 228,000 shares for a total payment of HKD 21,325,797.6. According to the report, all repurchase actions are in compliance with the relevant rules of The Stock Exchange of Hong Kong and have been authorized by shareholders at the annual general meeting on May 8, 2024. This authorization allows Hang Seng Bank to repurchase up to 10% of the total number of issued ordinary shares. As of the report date, Hang Seng Bank has repurchased 19,566,600 shares under this authorization, accounting for 1.0246% of the total authorized repurchase.
