Summary by Futu AI
AIA Group Limited repurchased 1.15 million ordinary shares on December 18, 2024, at an average price of approximately 55.21 HKD per share, totaling about 61.56 million HKD. This repurchased shares account for 0.0102% of the company's total issued shares, and the company plans to cancel all repurchased shares.Since December 2, 2024, AIA has cumulatively repurchased approximately 26.9 million shares, accounting for 3.8267% of the shares issued at the time the repurchase authorization was approved at the shareholders' meeting on May 24. According to the repurchase authorization, the company can repurchase up to about 1.124 billion shares. The company stated that it would suspend the issuance of new shares or the sale of treasury shares within 30 days after this repurchase (i.e., before January 17, 2025).As of December 18, 2024, the total number of issued shares of AIA remains at 10.832 billion shares, unchanged. The company continues to implement the share repurchase plan, demonstrating management's confidence in the company's value, which may help enhance earnings per share.
