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Tencent buys back 233,000 shares for HK$100.3 million on Sept 14
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According to filings with the Hong Kong Stock Exchange (HKEX), Tencent Holdings (00700.HK) repurchased 233,000 of its own shares on September 14. The total cost of the buyback was HK$100.3 million. This transaction is part of Tencent's ongoing share repurchase program, which the company has been conducting periodically. The repurchase reflects Tencent's use of its cash reserves to return value to shareholders and potentially support its stock price. The filing provides specific details on the number of shares bought back and the total expenditure, offering transparency to investors about the company's capital allocation activities.
Source report
According to filings with the Hong Kong Stock Exchange (HKEX), Tencent Holdings (00700.HK) repurchased 233,000 shares on September 14.
The transaction was valued at approximately HK$100.3 million.
Source
金十数据Neutral / independent
Part of this Story
Tencent repurchases 235,000 shares for HK$100.3 million on September 10 and 233,000 shares on September 14