Tencent's quarterly financial report will be released, and its stock repurchase plan will become the focus of investors' attention
芊芊551
发表于 2024-8-14 11:36:30
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Tencent's quarterly financial report will be released, and the stock repurchase plan will become the focus of investors' attention. Tencent Holdings will announce its quarterly financial report on Wednesday, and investors will closely monitor the statements related to the stock repurchase plan. According to statistics, Tencent has spent nearly 8 billion US dollars this year to repurchase Hong Kong listed stocks, a scale surpassing any other Hong Kong listed company. It is widely expected that the company will continue to maintain its pace, with its expenditure scale so far this year only about 60% of the expected repurchase scale of $12.8 billion for the whole year. Given that Tencent's stock price has fallen from its May high and its peers are rapidly catching up, investors will pay attention to its willingness to maintain a leading position. Any signs indicating a weakening of the company's willingness to repurchase its stocks may shift investors' attention to other competitors who are more willing to distribute dividends and repurchase their stocks with their cash.
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