Summary by Moomoo AI
Hang Seng Bank Limited submitted a new next-day disclosure form to the Hong Kong Stock Exchange on September 9, 2024, disclosing the changes in its issued shares or treasury shares. The report shows that from April 10, 2024 to September 9, 2024, Hang Seng Bank repurchased a total of 29,575,200 ordinary shares on the Stock Exchange under the automatic share repurchase plan, with a total value of HKD 2,997,903,443.81 (before deducting expenses). The plan was completed on September 9, 2024, and all repurchased ordinary shares, except for those to be cancelled as soon as practicable, have been cancelled. On the last day of trading, Hang Seng Bank repurchased 468,600 shares at a repurchase price ranging from HKD 90.8 to HKD 93.15, with a total value of HKD 42,999,298.32. Pursuant to the resolution passed at the Shareholders' Annual General Meeting on May 8, 2024, Hang Seng Bank was granted general authorization to repurchase ordinary shares up to 10% of the number of issued shares.