AIA Group cuts 126m shares through buyback program

AIA Group Limited reduced its total issued shares to 10.5 billion as of July 31, down from 10.6 billion at the end of June, representing a decrease of 125.6 million shares.

The reduction came from cancelling 126.2 million ordinary shares bought back between May 23 and July 14. The company also issued 682,574 new shares from option exercises, raising HK$34.3 million.