Summary by Futu AI
On December 4, 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 35,892 new shares on December 4, 2024, accounting for 0.00039% of the issued shares before the changes. At the same time, tencent repurchased a total of 22,720,000 shares between November 15 and December 4, 2024, which have not been cancelled. On December 4, 2024, tencent repurchased 1,740,000 shares on the Stock Exchange of Hong Kong, with a repurchase price per share ranging from HKD 399.8 to HKD 405.4, totaling approximately HKD 700,680,252. These repurchased shares are intended for cancellation. According to the repurchase authorization, tencent can repurchase a total of 941,949,196 shares, with the number of shares already repurchased accounting for 2.14702% of the total authorized. Looking ahead, tencent will suspend any new share issuance or treasury share sales before January 3, 2025. These actions demonstrate the company's proactive strategy in capital management, which may impact its shareholder value.