Wire flash
Tencent Holdings buys back 230,000 shares for HK$100.5 million on Sept 24
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
According to a filing with the Hong Kong Stock Exchange, Tencent Holdings (00700.HK) repurchased 230,000 of its own shares on September 24. The buyback transaction cost the company a total of 100.5 million Hong Kong dollars. This move is part of Tencent's ongoing share repurchase program, which is often viewed by the market as a signal of management's confidence in the company's valuation and future prospects. The filing provides a transparent record of the transaction, detailing the number of shares bought back and the exact expenditure incurred on that specific trading day.
Source report
Hong Kong Stock Exchange Filing — September 24, 2024
Tencent Holdings (00700.HK) repurchased 230,000 shares on September 24, at a total cost of HKD 100.5 million.
Source
金十数据Neutral / independent