Summary by Moomoo AI
Hang Seng Bank Limited carried out share repurchases on 11 and 12 April 2024. Pursuant to the listing rules of the Hong Kong Stock Exchange Limited, the company filed the following day's disclosure statement on 12 April. The report showed that Hang Seng Bank repurchased 34,800 shares on April 11 and repurchased 300,000 shares on April 12, keeping the total number of shares issued after repurchase at 1,911,842,736 shares. The repurchased shares represent 0.0157% of the number of existing issued shares prior to the repurchase. The total repurchase amount was HK$29,499,450 and the price was between HK$97 and HK$98.95 per share. The share repurchase was made pursuant to the Ordinary Resolution adopted at the Annual General Meeting on May 4, 2023, which grants the Company the repurchase of ordinary shares not exceeding 10% of the number of shares issued before the end of the 2024 Annual General Meeting. To date, the Company has repurchased 334,800 shares on the Hong Kong Stock Exchange during the year, representing 0.0175% of the issued shares.