AIA Group issues new shares, repurchases treasury shares

AIA Group Limited (HKEX: 1299) issued 149,763 new ordinary shares on January 13, 2025, representing 0.0013% of existing shares. These shares were issued at HKD 47.73 per share, pursuant to the exercise of share options. Separately, the company repurchased 6,505,000 shares on the same day at prices ranging from HKD 50.95 to HKD 52.3 per share, totaling approximately HKD 337 million. These repurchases were executed on the Hong Kong Exchange under the existing repurchase mandate approved on May 24, 2024. As of January 13, 2025, AIA has repurchased 464,791,600 shares under this mandate, which authorizes the repurchase of up to 1,123,506,576 shares. A moratorium period for any new share issuance or sale/transfer of treasury shares is in effect until February 12, 2025. The company also reported treasury shares held for cancellation but not yet cancelled.