Summary by Moomoo AI
Hang Seng Bank Limited filed a Next Day Disclosure Report on 9 May 2024, disclosing that it made a number of share repurchases between 18 April and 9 May 2024, in accordance with the listing rules of the Main Board of the Hong Kong Stock Exchange Limited, but not withdrawn. The total number of repurchased ordinary shares reached 4,760,000 shares, representing 0.249% of the issued shares. Of these, 300,000 shares were repurchased on the single day of May 9, at a price between HKD 105.9 and HKD 107.5, with a total repurchase amount of HKD 31,902,270 on the day. Since the adoption of the Ordinary Resolution of the Annual General Meeting in 2024, the company has accumulated 600,000 shares repurchased on the exchange, representing 0.0314% of the shares issued at that time. THE ORDINARY RESOLUTION AUTHORIZES THE COMPANY TO REPURCHASE ORDINARY SHARES NOT EXCEEDING 10% OF THE NUMBER OF SHARES ISSUED BEFORE THE END OF THE 2025 ANNUAL GENERAL MEETING. Hang Seng Bank confirms that all repurchases have been made as required and have been formally authorized by the Board of Directors.