Summary by Moomoo AI
Hang Seng Bank Limited conducted a series of share repurchase activities from 11 to 19 April 2024 and filed the next day's disclosure with the Hong Kong Stock Exchange Limited on 19 April. According to the report, Hang Seng Bank repurchased a total of 3,314,000 shares of ordinary shares on the above date, representing 0.1733% of its issued shares. The most recent repurchase took place on April 19, when 600,000 shares were repurchased at a price of HKD 93.9 to HKD 96.35 for a total expenditure of HKD 57,285,300. THE ACTION IS PURSUANT TO THE ORDINARY RESOLUTION ADOPTED BY THE ANNUAL GENERAL MEETING ON MAY 4, 2023, WHICH AUTHORIZES HANG SENG BANK 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 repurchases are conducted in accordance with the listing rules of the HKEX Main Board without any material changes.