AIA Group issues new shares, repurchases existing ones

AIA Group Limited (HKEX: 1299) issued 20,000 ordinary shares on January 10, 2025, related to the exercise of share options under the company's share option scheme. This represents a 0.0001% increase in issued shares, bringing the total to 10,792,554,531. The shares were issued at HKD 47.73 per share. On the same day, AIA repurchased 6,898,000 shares on the Stock Exchange of Hong Kong at prices ranging from HKD 52.25 to HKD 53.00, for a total consideration of approximately HKD 362.3 million. These repurchases were made under the existing repurchase mandate approved on May 24, 2024, which authorizes the repurchase of up to 1,123,506,576 shares. To date, 458,286,600 shares have been repurchased under this mandate. A moratorium period for any new share issuance or sale/transfer of treasury shares is in effect until February 9, 2025.