TENCENT(HK:00700) Zheng Quan Shi Bao Wang·2025-05-30 14:30Summary of Key Points Core Viewpoint - Tencent Holdings has been actively repurchasing its shares, indicating a strategy to support its stock price amidst market fluctuations [2][3]. Share Buyback Details - On May 30, Tencent repurchased 1,003,000 shares at a price range of HKD 496.200 to HKD 504.500, totaling HKD 500.1 million [2]. - The stock closed at HKD 498.200 on the same day, reflecting a decline of 2.41%, with a total trading volume of HKD 14.12 billion [2]. - Since May 19, the company has conducted buybacks for 10 consecutive days, acquiring a total of 9,784,000 shares for a cumulative amount of HKD 500.4 million, during which the stock price fell by 1.93% [2]. Year-to-Date Buyback Activity - Year-to-date, Tencent has executed 34 buybacks, acquiring a total of 61,198,000 shares for a total expenditure of HKD 26.03 billion [3]. - A detailed breakdown of recent buybacks shows consistent activity with varying prices, indicating a strategic approach to managing share value [3][4]. Recent Buyback Transactions - The buyback transactions from May 19 to May 30 include: - May 30: 100.30 million shares at a maximum price of HKD 504.500 and a minimum of HKD 496.200 [3]. - May 29: 98.50 million shares at a maximum price of HKD 511.500 [3]. - May 28: 98.50 million shares at a maximum price of HKD 515.000 [3]. - The buyback prices have shown a range from HKD 443.200 to HKD 524.000 over the recent months, reflecting market conditions [4].