Summary by Moomoo AI
Hang Seng Bank Limited filed a new Next Day Disclosure Statement on April 15, 2024 disclosing the status of its share repurchases. According to the report, between 11 and 15 April 2024, Hang Seng Bank repurchased a total of 934,000 shares of ordinary shares, representing 0.0489% of its issued shares, through the exchange of the Hong Kong United Exchange Limited. Of these, 599,200 shares were repurchased on the single day of April 15 for a total payment of HK$58,072,846.16. The action is pursuant to the Ordinary Resolution adopted by the Annual General Meeting on May 4, 2023, which authorizes the issuer to repurchase ordinary shares not exceeding 10% of the number of shares issued before the end of the 2024 Annual General Meeting. Hang Seng Bank confirms that all relevant legal requirements have been complied with and that all necessary documents have been formally archived.