Summary by Moomoo AI
Hang Seng Bank Limited carried out a share repurchase on 11 April 2024. In accordance with the listing rules of the Hong Kong Stock Exchange Limited, the company has filed a disclosure report with the HKEX on the following day. The repurchase involved 34,800 shares of ordinary shares, repurchasing 0.0018% of the company's shares issued prior to the repurchase. The highest buyback price was HK$97.55 per share and the lowest price was HK$97.1 per share, with a total payment of HK$3,392,133.48. The share repurchase was made pursuant to the Ordinary Resolution adopted at the Annual General Meeting on May 4, 2023, which authorizes the Company to repurchase no more than 10% of the total issued shares prior to the end of the 2024 Annual General Meeting. Hang Seng Bank confirms that all relevant legal and regulatory procedures have been complied with and that the repurchased shares will be the Company's first listed securities transaction.