Tencent repurchased shares for 33rd straight trading day
Tencent repurchased shares for 33rd straight trading day

Tencent repurchased shares for 33rd straight trading day

 

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Tencent spent HK$353 million repurchasing 1.27 million shares on Thursday, at prices of HK$275.2 – HK$282.4, according to a filing to the Hong Kong Stock Exchange.

Since August 19, Tencent has spent HK$11.61 billion repurchasing 38.85 million shares in 33rd consecutive trading days. Year to date, Tencent has spent HK$21.6 billion on 70 stock buybacks.

Tencent shares closed down 0.43% at HK$277.8 on Thursday.