Summary by Futu AI
Hang Seng Bank Limited submitted a new next-day disclosure report to the Hong Kong Stock Exchange on September 5, 2024, disclosing its shareholding changes. The report shows that Hang Seng Bank repurchased a total of 4,856,000 ordinary shares through multiple trades between August 1 and September 5, 2024, accounting for approximately 0.257% of its issued shares, with a repurchase price per share ranging from HKD 88.8888 to HKD 95.1698. These shares are intended to be cancelled, but had not been cancelled as of the reporting date. In addition, Hang Seng Bank repurchased 228,000 shares on September 5, 2024, on the Hong Kong Stock Exchange, at a total payment price of HKD 21,220,142.4. According to the report, Hang Seng Bank has obtained an ordinary resolution passed at the shareholder's annual general meeting on May 8, 2024, authorizing the repurchase of up to 10% of the total issued shares of ordinary shares, and imposing a suspension period on any new share issuance or re-sale or transfer of treasury shares until October 5, 2024.