[ TRANSACTION RECORD ]

TX-272

VERIFIED VECTOR ID: 002176 · tx-272
M SOURCE NODE — FUNDER
— No Funder Linked —
$12,800,000,000
EQUITY
20/03/2024
Q DESTINATION NODE — RECIPIENT
SPV China
Amount (USD)
$12.8B
Flow Type
EQUITY
Transaction Date
20/03/2024
Primary Source
Funder Profile [ M ]
Entity
AUM
HQ Location
Sector
Recipient Profile [ Q ]
Entity Type SPV
Jurisdiction China
Intelligence Note

Tencent Holdings announced a 12.8 billion dollar share repurchase program to return capital to its institutional investors following a year of strong growth in gaming and fintech. This transaction represents one of the largest buyback programs in the history of the global media and technology sector. The deal reflects the firm’s robust financial position and commitment to shareholder returns.

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✓ SOURCE LINKED