Summary by Futu AI
Hang Seng Bank Limited submitted a new next-day disclosure report on August 19, 2024, disclosing its share repurchase situation. The report shows that Hang Seng Bank made several share repurchases through the rules of the Hong Kong Stock Exchange from August 1 to August 19, 2024, and intends to cancel these shares. The total number of repurchased shares was 2,856,000, accounting for approximately 0.1512% of the issued shares, and the total price of the repurchased shares was HKD 20,933,911.2. In addition, Hang Seng Bank confirms that all repurchase actions have been formally authorized by the board of directors and comply with relevant listing rules and laws. According to the resolution of the shareholder's annual general meeting on May 8, 2024, Hang Seng Bank obtained a general authorization to repurchase ordinary shares not exceeding 10% of the total issued shares before the end of the 2025 shareholder's annual general meeting. As of August 19, 2024, Hang Seng Bank has repurchased 17,058,600 shares under this authorization, accounting for 0.8933% of the total authorized repurchased shares.