Summary by Futu AI
On November 27, 2024, tencent disclosed the changes in its issued shares and treasury shares. In accordance with the stock option plan adopted on May 17, 2023, tencent issued 8,670 new shares on November 27, accounting for 0.00009% of the issued shares before the change, with an issuance price of HKD 310.3 per share. At the end of the day, the total number of issued shares was 9,267,407,258 shares.
In addition, tencent conducted multiple share repurchases between November 15 and 27, totaling 15,690,000 shares repurchased at prices ranging from HKD 392.2 to HKD 409.9961. On November 27, 1,770,000 shares were repurchased for a total price of HKD 703,832,358. These shares are intended to be canceled but have not yet been canceled.
Tencent confirms that all share issuances and repurchases have been authorized by the board of directors and comply with relevant listing rules and legal requirements. The repurchase authorization was approved on May 14, 2024, with an authorized repurchase total of 941,949,196 shares.