Summary by Moomoo AI
Hang Seng Bank Limited conducted a series of share repurchase activities from 11 to 23 April 2024 and filed the next day's disclosure with the Hong Kong Stock Exchange Limited on 23 April. According to the report, Hang Seng Bank repurchased a total of 2,334,000 shares of ordinary shares on the above date, representing 0.122% of its issued shares. The last repurchase took place on April 23, when 600,000 shares were repurchased on the same day at a price of HKD 97.55 to HKD 98.95 for a total payout of HKD 59,026,860. The share repurchase was made pursuant to the Ordinary Resolution adopted by the Annual General Meeting on May 4, 2023, which authorizes Hang Seng Bank to repurchase no more than 10% of the number of shares issued before the end of the 2024 Annual General Meeting. To date, Hang Seng Bank has repurchased 4,514,000 shares on the Hong Kong Stock Exchange, representing 0.2361% of the issued shares.