AIA Group increases issued shares, continues share repurchase program

AIA Group Limited (HKEX: 1299) announced an increase in its issued share capital on May 16, 2025, resulting in a closing balance of 10,694,836,402 shares. The increase of 175,000 shares, representing 0.0016% of existing shares, was attributed to new shares issued or transferred under share award schemes and the exercise of share options at a price of HKD 41.9 per share. Concurrently, AIA continued its share repurchase program, buying back 2,000,000 shares at a price of between HKD 65.45 and HKD 66.2 each, with a total consideration of HKD 131,888,630. The company has repurchased a total of 601,625,000 shares under the current mandate, leaving it authorized to repurchase 1,123,506,576 shares, or 5.3548% of the total number of shares. The company intends to cancel these repurchased shares.