Summary by Moomoo AI
Hang Seng Bank Limited submitted a new next-day disclosure report to the Hong Kong Exchanges and Clearing Limited on September 5, 2024, disclosing its shareholding changes. The report shows that Hang Seng Bank repurchased a total of 4,856,000 ordinary shares, accounting for approximately 0.257% of its issued shares, through multiple transactions between August 1, 2024, and September 5, 2024, at repurchase prices ranging from HKD 88.8888 to HKD 95.1698 per share. These shares are intended to be cancelled, but they have not been cancelled as of the reporting date. In addition, on September 5, 2024, Hang Seng Bank repurchased 228,000 shares on the Hong Kong Stock Exchange for a total consideration of HKD 21,220,142.4. According to the report, Hang Seng Bank has been authorized to repurchase up to 10% of its total issued shares of ordinary shares approved at the ordinary general meeting of shareholders held on May 8, 2024, and there is a moratorium on any new share issuance, re-sale, or transfer of treasury shares until October 5, 2024.