Summary by Moomoo AI
On 28 November 2024, AIA completed the repurchase of 7,807,000 shares with a total value of approximately HK$0.452 billion. THE PRICE PER SHARE OF THIS REPURCHASE RANGES FROM HK$56.8 TO HK$58.35. These shares will be subject to write-off. The repurchase is pursuant to a repurchase authorization passed on May 24, 2024, which authorizes the repurchase of up to 1,123,506,576 shares.During the period from November 1 to November 28, AIA Insurance repurchased several shares in a significant total, demonstrating the company's positive actions in the market. The share prices of these buybacks are between HK$56 and HK$62, indicating the company's confidence in its share price.Looking ahead, AIA will suspend any IPO or sale of stock shares until 28 December, in accordance with the relevant provisions of the HKEx.
