$TENCENT(00700.HK)$repurchased shares in a total of $52.3 billion in the first half of the year, exceeding its total repurchase amount of $49.4 billion for the full year of 2023, according to information disclosed by the Stock Exchange of Hong Kong. In the second quarter alone, the amount of repurchases reached $37.5 billion, double the $14.8 billion in the first quarter. The average daily repurchase amount in the second quarter was $98...
On 20 June,$TENCENT(00700.HK)$repurchased 2.58 million shares on the Stock Exchange at a price per share ranging from $385.5 to $392, involving about $1.002 billion, according to TENCENT's disclosure return. Since the ordinary resolution was approved on 14 May, Tencent has repurchased a total of 61.93 million shares, accounting for 0.65747% of its share capital. $Tencent(TCEHY.US)$$Hang Seng TECH Index(800700.HK)$$China Concept Stocks(LIST2517.US)$
$TENCENT(00700.HK)$disclosed in its statement that it repurchased 2.63 million shares of the company on the Stock Exchange of Hong Kong at $374.8-385.6 per share on 17 June, involving about $1.003 billion. Since the ordinary resolution was passed, TENCENT has repurchased 54.11 million shares, accounting for 0.57445% of its share capital. $Tencent(TCEHY.US)$$Hang Seng TECH Index(800700.HK)$$China Concept Stocks(LIST2517.US)$
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C L7 :
Everyday sau buyback but share price still shit
$TENCENT(00700.HK)$disclosed in its statement that it repurchased 2.66 million shares of the company on the Stock Exchange of Hong Kong at a price of $373.6-380 per share on 13 June, involving about $1.003 billion. Since the ordinary resolution was passed, TENCENT has repurchased 48.85 million shares, accounting for 0.51861% of the company's share capital. $Tencent(TCEHY.US)$$Hang Seng TECH Index(800700.HK)$$China Concept Stocks(LIST2517.US)$
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wafflewolfeh :
What does it mean when Tencent conducts share buybacks? Is it because they think it’s undervalued and it’s a good time for them to increase their holdings again?
Summary: - Earnings Growth as Key Driver: HSBC Global Research indicates that earnings growth will drive the next re-rating for the mainland internet industry. - Stock Selection Framework Adjustments: The broker adjusted its framework by focusing on quality of growth, valuation mismatch, and shareholder returns. Sector Preferences: - Online Games: Preferred over advertising...
$TENCENT(00700.HK)$ $Tencent(TCEHY.US)$ $China Concept Stocks(LIST2517.US)$ $Hang Seng TECH Index(800700.HK)$
In the second quarter alone, the amount of repurchases reached $37.5 billion, double the $14.8 billion in the first quarter. The average daily repurchase amount in the second quarter was $98...
Since the ordinary resolution was passed, the Group has repurchased a total of 83.21 million shares, accounting for approx. 0.88% of its issued shares.
$Tencent(TCEHY.US)$ $China Concept Stocks(LIST2517.US)$ $Hang Seng TECH Index(800700.HK)$
Since the ordinary resolution was passed, TENCENT has repurchased 69.84 million shares, representing 0.74144% of its share capital.
$Tencent(TCEHY.US)$ $China Concept Stocks(LIST2517.US)$ $Hang Seng TECH Index(800700.HK)$
Since the ordinary resolution was approved, the Company has repurchased a total of 64.56 million shares, accounting for about 0.69% of the Company's share capital.
$Tencent(TCEHY.US)$ $China Concept Stocks(LIST2517.US)$ $Hang Seng TECH Index(800700.HK)$
Since the ordinary resolution was approved on 14 May, Tencent has repurchased a total of 61.93 million shares, accounting for 0.65747% of its share capital.
$Tencent(TCEHY.US)$ $Hang Seng TECH Index(800700.HK)$ $China Concept Stocks(LIST2517.US)$
Since the ordinary resolution was passed, the company has repurchased 59.35 million shares, accounting for about 0.63% of the company's share capital.
$Tencent(TCEHY.US)$ $Hang Seng TECH Index(800700.HK)$ $China Concept Stocks(LIST2517.US)$
Since the ordinary resolution was passed, TENCENT has repurchased 54.11 million shares, accounting for 0.57445% of its share capital.
$Tencent(TCEHY.US)$ $Hang Seng TECH Index(800700.HK)$ $China Concept Stocks(LIST2517.US)$
Since the ordinary resolution was passed, TENCENT has repurchased 48.85 million shares, accounting for 0.51861% of the company's share capital.
$Tencent(TCEHY.US)$ $Hang Seng TECH Index(800700.HK)$ $China Concept Stocks(LIST2517.US)$
- Earnings Growth as Key Driver: HSBC Global Research indicates that earnings growth will drive the next re-rating for the mainland internet industry.
- Stock Selection Framework Adjustments: The broker adjusted its framework by focusing on quality of growth, valuation mismatch, and shareholder returns.
Sector Preferences:
- Online Games: Preferred over advertising...
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