Summary by Futu AI
Tencent Holdings Limited submitted its latest shareholding change report on June 25, 2024. The report shows that Tencent repurchased and cancelled a total of 2,690,000 ordinary shares through its share repurchase and cancellation plan from May 28, 2024, to June 19, 2024, with a repurchase price range of HKD 367.3931 to HKD 385.6585 per share. This reduced the company's issued shares (excluding treasury shares) from 9,407,482,713 shares to 9,362,327,264 shares. Under the rules, Tencent Holdings must disclose relevant information on the day after the shareholding change. The company has confirmed that all shareholding changes have been formally authorized by the board of directors and comply with relevant listing rules and regulations. In addition, Tencent repurchased 2,620,000 shares on the Hong Kong Stock Exchange on June 25, 2024, and intends to cancel these shares. The resolution authorizing the repurchase was passed on May 14, 2024, and Tencent will not issue any new shares or sell or transfer treasury shares within one month after the share repurchase, i.e. by July 25, 2024.