Summary by Moomoo AI
On December 2, 2024, aia disclosed its multiple share buyback activities conducted from November 1 to December 2. The company repurchased a total of 7,720,000 shares during this period, which are intended for cancellation but have not yet been canceled. The repurchase price ranged from HKD 56.98 to HKD 62.60, with a total expenditure of approximately 0.449 billion Hong Kong dollars. These repurchased shares account for 0.0707% of the company's issued shares.\nAccording to the buyback authorization, aia is allowed to repurchase a total of 1,123,506,576 shares, and as of now, 409,754,000 shares have been repurchased, accounting for 3.647% of the authorized total. The company confirms that all buyback activities comply with the relevant regulations of the Hong Kong Stock Exchange. In the future, the company will suspend the issuance of new shares and the sale of treasury shares before January 1, 2025.\nThis buyback activity demonstrates the company's commitment to enhancing shareholder value and may have a positive impact on future stock prices.
