Summary by Futu AI
On December 3, 2024, AIA filed a next day disclosure report reporting multiple share repurchases. From November 1 to December 3, 2024, the Company repurchased a number of shares totaling millions of shares, which were intended to be written off, but have not yet been written off. The buyback price ranges from HKD 56.98 to HKD 62.60 per share. On December 3, 2024, the total number of shares issued by the Company remained at approximately 10,913,877,788 shares, with no change in stock.Under the repurchase authorization, AIA Insurance has a total number of shares redeemed at 1,123,506,576 shares. 410,818,200 shares have been repurchased so far, representing 3.6565% of the total number of warrants. The repurchase activity complies with the relevant requirements of the HKEx and was authorised on 24 May 2024. The Company confirms that all repurchases are conducted in accordance with the Main Board Listing Rules and has filed relevant documents with the Exchange.Looking ahead, AIA will suspend any IPO or stock sale activities until January 2, 2025. The move is aimed at optimizing the capital structure and increasing shareholder value.