Summary by Futu AI
On November 28, 2024, aia completed the repurchase of 7,807,000 shares, with a total value of approximately 0.452 billion Hong Kong dollars. The repurchase price per share ranged from 56.8 Hong Kong dollars to 58.35 Hong Kong dollars. These shares will be intended for cancellation. This repurchase was conducted under the buy-back authorization approved on May 24, 2024, which permits the repurchase of up to 1,123,506,576 shares.
From November 1 to November 28, aia repurchased shares multiple times, with a significant total quantity, demonstrating the company's proactive actions in the market. The price per share for these repurchases was between 56 Hong Kong dollars and 62 Hong Kong dollars, reflecting the company’s confidence in its own stock price.
Looking ahead, aia will suspend any new stock issuance or the sale of treasury shares before December 28, in accordance with the relevant regulations of the Hong Kong Stock Exchange.