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TIMES ELECTRIC (03898.HK) spent 19.8975 million HKD to repurchase 0.641 million shares on December 20.
Glory Financial reported on December 20 that TIMES ELECTRIC (03898.HK) announced it would spend 19.8975 million Hong Kong dollars to repurchase 0.641 million shares on December 20, 2024, at a repurchase price of 30.6-31.5 Hong Kong dollars per share.
Hong Kong stock market midday review | All three Indexes rose, Semiconductors and Tencent Related stocks strengthened, Weimob surged over 16%, Semiconductor Manufacturing International Corporation rose over 10%, and Tencent increased over 3%.
Network Technology stocks generally fell, KUAISHOU-W dropped 4.65%, Alibaba-W fell 3.32%; many Coal Industrial Concept stocks declined, SOUTHGOBI fell 8.50%, China Coal Energy dropped 5.01%; Mobile Game stocks rose, BOYAA fell 5.06%, TENCENT increased 3.08%;
Hong Kong stock movement | TIMES ELECTRIC (03898) rose over 3% in the morning, planning to spend about 0.107 billion yuan to acquire 100% equity of CRRC's Commercial Vehicle power assets.
TIMES ELECTRIC (03898) jumped over 3% before noon, as of this report, it increased by 3.1%, priced at 31.6 Hong Kong dollars, with a transaction amount of 85.6819 million Hong Kong dollars.
Share repurchase collection on December 19 | TENCENT, AIA and others have repurchased shares, among which TENCENT spent 0.703 billion HKD.
According to the documents disclosed by HKEX on December 20, TENCENT (00700.HK), AIA (01299.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.72 million ordinary shares on December 19, involving an amount of 0.703 billion HKD, with the repurchase price ranging from 421.8 HKD to 401.4 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.221 billion shares, accounting for 2.347% of the number of shares issued when the ordinary resolution was passed. ② AIA (01299.HK)
Zhuzhou CRRC Times Electric Cancels 4.8 Million Shares
TIMES ELECTRIC (03898.HK) canceled 4.8873 million repurchased H shares on December 19.
Gelonghui reported on December 19 that TIMES ELECTRIC (03898.HK) announced that from December 12 to December 16, 2024, the company conducted a series of buybacks of its Listed in Hong Kong shares on the Stock Exchange. As of December 16, 2024, the company had repurchased a total of 4,887,300 Listed in Hong Kong shares, accounting for approximately 0.3462% of the total issued share capital approved by the company's Shareholders' Meeting and Class Shareholders' Meeting on the date of the buyback authorization and 0.9007% of the total issued Listed in Hong Kong shares. The total amount of funds used was HKD 151,685,358.33 (excluding transaction costs).
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