AIA Group announces US$1.6bn share buy-back program
AIA Group announced a US$1.6 billion share buy-back programme on April 11, 2025, designed to enhance the company's capital management policy. The company has entered into a "Broker Agreement" with an independent international broker, empowering them to execute the share buy-back on a discretionary basis, acting independently from AIA Group. The "Automatic Share Buy-back Programme" parameters are pre-determined and will allow the broker to buy back up to US$1.6 billion of AIA shares (equivalent to HKD12.436 billion) on the Stock Exchange of Hong Kong. The buy-back program is set to commence on April 14, 2025, and run for a maximum of three months, and the company has received a waiver from strict compliance with Listing Rule 10.06(2)(e) to allow buy-backs during restricted periods. AIA Group will disclose any buy-backs of shares conducted under the automatic share buy-back program by way of next-day disclosure returns in accordance with the requirements of the Listing Rules.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when AIA Group publishes news
Free account required • Unsubscribe anytime