Summary by Futu AI
On November 25, 2024, tencent disclosed its shareholding changes. In accordance with the stock option plan adopted on May 17, 2023, 1,937 new shares were issued on November 25, accounting for 0.00002% of the issued shares. At the same time, tencent repurchased multiple batches of shares from November 15 to 25, totaling 12,140,000 shares, with an average repurchase price of approximately HKD 405 per share. These shares are intended to be cancelled.
Tencent confirms that all share issuances and repurchases have been authorized by the board of directors and comply with relevant listing rules and laws. On November 25, the company repurchased 1,770,000 shares, paying a total amount of approximately HKD 702,117,405. The repurchase authorization was approved on May 14, 2024, with an authorized total repurchase amount of 941,949,196 shares.
Looking ahead, tencent will suspend new share issuances and stock sales before December 25.