Bank of East Asia’s Ongoing Share Repurchases

Bank of East Asia (HK:0023) has released an update.

The Bank of East Asia, Limited has actively engaged in the repurchase of shares over multiple days in May 2024, with transactions ranging from 60,800 to 913,400 shares, though none have been cancelled. The bank’s issued share capital remained unchanged at 2,642,997,207 shares as of 21 May 2024. These activities could indicate a strategic move by the bank to enhance shareholder value.

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