AIA (01299) completed a $12 billion share buyback plan.
(01299)14.09...
Friendship Insurance (01299) announced that the company is pleased to announce that it has repurchased a total of 14.09... through on-market repurchases.
AIA (01299) announced that the company is pleased to announce that it has completed a share buyback program, repurchasing a total of 14.09 billion shares (representing 11.7% of the total number of shares issued as of the announcement date in March 2022) through on-market transactions, with a total value of approximately USD 12 billion (equivalent to approximately HKD 93.899 billion).
The company remains committed to prudent capital allocation and will continue to evaluate future opportunities to enhance shareholder value in accordance with its capital management policy.
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