Tencent repurchases 1.27M shares for ~HK$352M
Tencent has repurchased 1.27M in a transaction valued around HK$352M, according to a filing to the Stock Exchange of Hong Kong.
The company paid HK$275.2-HK$282.4 a piece for the shares, representing 0.01326% of issued share capital.
Tencent has bought back ~49.22M shares year to date.
Hong Kong-listed shares of the firm closed 0.4% lower at HK$277.8 on Thursday.
Author: Preeti Singh, Seeking Alpha