Tencent repurchases shares for 35th consecutive trading days

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Tencent Holdings spent HK$353 million repurchasing 1.33 million shares on Monday, at prices of HK$262.8 – HK$268.2, according to a filing to the Hong Kong stock Exchange.

Since August 19, Tencent has spent HK$12.3 billion repurchasing 41.48 million shares in 35 consecutive trading days. Year to date, Tencent has spent HK$22.39 billion on 72 stock buybacks.

Tencent shares closed 2.5% down at HK$263.8 on Monday.