Summary by Futu AI
Hang Seng Bank Limited filed a Next Day Disclosure Statement on April 18, 2024, disclosing the share repurchases from April 11 to April 18. According to the report, the bank repurchased a total of 2,714,000 shares of ordinary shares on the above date, representing 0.142% of its issued shares. The most recent repurchase took place on April 18, and 580,000 shares were repurchased on the same day at a price of HKD 95.35 to HKD 97.15 for a total cost of HKD 55,893,846. This is pursuant to the Ordinary Resolution adopted by the Annual General Meeting on May 4, 2023, which authorizes the Bank to repurchase ordinary shares not exceeding 10% of the number of shares issued before the end of the 2024 Annual General Meeting. Hang Seng Bank confirms that all repurchases have been made in accordance with the listing rules of the HKEX Limited main board without any material changes.