Summary by Futu AI
AIA Group Limited (AIA) submitted a new disclosure report on November 20, 2024, detailing its share repurchase activities. According to the report, AIA repurchased a total of 7,016,000 ordinary shares through the Hong Kong Stock Exchange (HKEX) between November 1 and November 20, 2024, accounting for 0.0642% of its issued shares. The average purchase price ranged between HKD 57.2 and HKD 58, with a total expenditure of HKD 404,036,299.47. The company confirmed that these repurchased shares are intended for cancellation, and no new shares will be issued or treasury shares resold or transferred within 30 days after the repurchase, up to December 20, 2024. This share repurchase is based on the repurchase authorization passed at the shareholders' meeting on May 24, 2024, which allows the company to repurchase up to 1,123,506,576 shares, of which 356,343,400 shares have been repurchased, accounting for 3.1717% of the total authorized repurchase shares.