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Tencent Holdings buys back 233,000 shares for HK$100.3 million on Sept 14
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On September 14, Tencent Holdings repurchased 233,000 of its own shares on the Hong Kong Stock Exchange for a total consideration of HK$100.3 million. The buyback is part of the company's ongoing capital management strategy, which often involves returning cash to shareholders through share repurchases. The transaction was reported by Cailian Press, a Chinese financial news outlet. No further details on the repurchase price per share or the company's future buyback plans were provided in the brief report. The move comes amid broader market conditions affecting technology stocks, though the report does not attribute any specific reason or commentary to the repurchase.
Source report
Date: September 14
Source: Cailian Press
Tencent Holdings repurchased 233,000 of its own shares on September 14, at a total cost of HK$100.3 million.
Source
财联社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