Zheng Quan Shi Bao Wang·2025-12-02 15:00Summary of Key Points Core Viewpoint - Tencent Holdings has been actively repurchasing its shares, indicating a strategy to support its stock price amid market fluctuations. The company has conducted multiple buybacks over the past weeks, reflecting confidence in its long-term value despite recent stock price declines [1][2]. Buyback Details - On December 2, Tencent repurchased 1.028 million shares at prices ranging from 615.500 to 625.500 HKD, totaling 636 million HKD. The stock closed at 617.000 HKD, down 0.40% for the day, with a total trading volume of 7.09 billion HKD [1]. - Since November 18, Tencent has executed buybacks for 11 consecutive days, acquiring a total of 11.289 million shares for a cumulative amount of 6.993 billion HKD, during which the stock price has decreased by 3.06% [1][2]. - Year-to-date, Tencent has completed 111 buyback transactions, purchasing a total of 133 million shares for a total expenditure of 67.958 billion HKD [2]. Historical Buyback Data - The buyback activity includes various transactions with specific details such as the number of shares repurchased, highest and lowest prices, and total amounts spent. For instance, on December 1, 102.90 thousand shares were bought at a maximum price of 623.000 HKD, totaling approximately 635.93 million HKD [2][3]. - The buyback prices have varied, with the highest recorded price being 680.500 HKD on October 9, 2025, and the lowest at 386.400 HKD on January 16, 2025 [3][4].