Summary by Futu AI
Hang Seng Bank Limited submitted a new next-day disclosure report on August 27, 2024, disclosing changes in the issued shares or treasury shares. The report shows that Hang Seng Bank repurchased a total of 4,556,000 ordinary shares through multiple trades between August 1 and 27, 2024, with the repurchase price per share ranging from HKD 88.8888 to HKD 94.165. All repurchased shares are intended to be cancelled, but as of the report submission date, they have not been cancelled. In addition, the company made a repurchase on August 27, 2024, involving 228,000 shares, with a total payment of HKD 21,469,620. Hang Seng Bank confirms that all share repurchases were conducted in accordance with the Main Board listing rules and complied with all relevant laws and regulatory requirements. The share repurchase authorization was approved at the annual general meeting of shareholders on May 8, 2024, allowing the company to repurchase up to 10% of the total number of issued shares of ordinary shares.