Summary by Futu AI
Tencent Holdings Limited disclosed changes in issued shares or treasury shares on September 24, 2024, in accordance with the Listing Rules of The Stock Exchange of Hong Kong Limited. On the same day, the company repurchased 2,530,000 common shares at a repurchase price ranging from HKD 389.6 to HKD 402.2 per share, with a total consideration of approximately HKD 1,002,266,584. Following this repurchase, the total number of issued shares of Tencent Holdings increased to 9,342,690,978 shares. The repurchased shares are planned to be cancelled in the future. In addition, the company confirmed that all issuance or treasury share sales or transfers have been formally authorized and approved by the board of directors, complying with all applicable listing rules, laws, and other regulatory requirements. The resolution authorizing the repurchase was passed on May 14, 2024, and within 30 days after the repurchase, by October 24, 2024, the company will not engage in any new share issuances or further sales or transfers of treasury shares.
