Summary by Futu AI
AIA repurchased 1.131 million shares of common stock on the Hong Kong Stock Exchange on December 20, 2024, at a price ranging from HKD 54.35 to HKD 55.1 per share, with a total expenditure of HKD 61.8702 million. This repurchase accounted for 0.0104% of the company's issued shares.Since the authorization from the shareholders' meeting on May 24, 2024, AIA has cumulatively repurchased 0.436 billion shares, accounting for 3.8779% of the authorized total of 1.124 billion shares. According to regulations, the company is prohibited from issuing new shares or selling treasury shares within 30 days after this repurchase (i.e., before January 19, 2025).As of December 20, 2024, the total number of issued shares of AIA remains at 10.832 billion shares, unchanged. The company continues to carry out its share repurchase program, demonstrating management's confidence in the company's value.