Back    Zoom +    Zoom -
TENCENT Buys Back 1.72M Shrs for ~$700M
Recommend
5
Positive
12
Negative
3
TENCENT (00700.HK) repurchased 1.72 million shares today (16th) at a price per share ranging from $403.8 to $410.8, involving about $700 million, according to TENCENT's announcement.

Since the repurchase mandate resolution was approved, the Group has repurchased a total of 216 million shares, accounting for 2.29204% of its shares in issue.

Related NewsCMBI: CN Internet Sector To Swim Upstream in 2025 w/ Focus on Moats of Mature Biz, Room for New Development, Valuation Enhancement, Overseas Expansion

AAStocks Financial News