Ping An Insurance (02318) has completed the purchase of 107 million H shares under its long-term service plan for the year 2024.

Ping An Insurance (02318) announced that the company's 2024 long-term service plan will be completed through the secondary market from August 23, 2024, to September 20, 2024, with a total of 107 million H shares of the company (Stock code: 02318.HK) purchased, accounting for 0.587% of the company's total share capital. The total transaction amount is approximately HKD 3.846 billion (including expenses), with an average transaction price of approximately HKD 35.85 per share. The funds for the stock purchase are all sourced from the employee payable compensation amount.