Tencent Resumes Buybacks at Reduced Daily Amount After Interim Results
Tencent has restarted its share buyback program following the release of its interim results. The new round of repurchases has reduced the daily amount from HK$500 million to HK$300 million, with a further reduction scheduled for September. The specific scale of the additional cut was not disclosed.
Tencent has resumed its share buyback program after publishing its interim results. The daily repurchase amount in the new round has been lowered from HK$500 million to HK$300 million, with a further reduction set for September. The exact extent of the additional decrease was not disclosed.