Sharif Hossain
๐™๐™š๐™ฃ๐™˜๐™š๐™ฃ๐™ฉ ๐™˜๐™ค๐™ฃ๐™ฉ๐™ž๐™ฃ๐™ช๐™š๐™จ ๐™—๐™ช๐™ฎ๐™—๐™–๐™˜๐™ ๐™จ ๐Ÿš€ On September 29, $0700.HK (Tencent) repurchased around 837,000 shares worth approximately HK$550.7 million. This move highlights the companyโ€™s ongoing commitment to boosting shareholder value and confidence in its long-term growth. Consistent buybacks like this reduce the number of shares outstanding, which can improve earnings per share and signal managementโ€™s belief that the stock remains undervalued. For long-term investors, Tencentโ€™s steady buyback program is a positive indicator of capital discipline and shareholder alignment. Source: HKEX filing via Investing.com $03690.HK (Meituan Class B) $JD.US (JD.com-ADR) $1810.HK (Xiaomi Corp) $3750.HK (Contemporary Amperex Technology Co Limited)
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