Summary by Futu AI
Hang Seng Bank Limited submitted a new Next Day Disclosure Return to The Stock Exchange of Hong Kong Limited on September 9, 2024, disclosing the changes in its issued shares or treasury shares. The report shows that Hang Seng Bank repurchased a total of 29,575,200 ordinary shares under the Share Repurchase Program from April 10, 2024, to September 9, 2024, with a total consideration of HKD 2,997,903,443.81 (before deducting expenses). The program was completed on September 9, 2024, and all repurchased ordinary shares, except for those that will be cancelled as soon as practicable, have been cancelled. On the last day of trading, Hang Seng Bank repurchased 468,600 shares at a repurchase price ranging from HKD 90.8 to HKD 93.15, with a total amount of HKD 42,999,298.32. Pursuant to the resolution passed at the Shareholders' Annual General Meeting on May 8, 2024, Hang Seng Bank was granted a general mandate to repurchase ordinary shares not exceeding 10% of the total number of issued shares.