Summary by Moomoo AI
On December 12, 2024, TENCENT repurchased 1.69 million ordinary shares on the Hong Kong Stock Exchange, with a price per share ranging between HKD 409.8 and HKD 422.4, totaling approximately HKD 0.704 billion. This repurchase represents 0.01824% of the company's issued shares (excluding treasury shares).From November 15, 2024, to December 12, 2024, TENCENT has cumulatively repurchased 33.49 million shares, accounting for 0.36% of the company's issued shares. According to the authorization granted at the shareholders' meeting on May 14, 2024, the company can repurchase up to 0.942 billion shares, and the number of shares repurchased so far represents 22.56% of the authorized total.The company stated that all repurchased shares will be canceled. According to the rules of the Hong Kong Stock Exchange, TENCENT is not allowed to issue new shares or sell treasury shares within 30 days after this repurchase (before January 11, 2025), unless a special exemption is obtained.