Summary by Moomoo AI
Bank of East Asia Limited filed a new Next Day Disclosure Statement on April 12, 2024, disclosing the status of its share repurchases. The report shows that the Bank of East Asia repurchased shares from March 4 to March 8 and April 12, 2024, but did not write them off. In its most recent repurchase activity, Bank of East Asia repurchased 262,400 shares of ordinary shares on 12 April 2024 at a price of HKD 9.04 to HKD 9.34 for a total cost of approximately HKD 2,390,838. Since the adoption of the Ordinary Resolution, the total number of shares repurchased by the Bank of East Asia on the Hong Kong Stock Exchange has reached 32,378,400 shares, representing 1.2104% of the issued shares. According to the report, Bank of East Asia confirms that all relevant legal and regulatory requirements have been complied with and that all transactions have been formally approved by the Board of Directors.