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Hang Seng Bank launches HK$3b share buy-back programme

Merill Lynch International is appointed as the broker.

Hang Seng Bank is kicking off a HK$3b share buy-back programme.

The Hong Kong-headquartered bank has entered into an agreement with Merrill Lynch International, to operate its 2025 share buy-back programme.

Duration of the buy-back programme will be from 1 August 2025 to 30 January 2026.

Hang Seng Bank recently reported a 30% decline in its profit attributable to shareholders in the first six months of 2025. Notably, profit before tax fell as a result of raising its provisions and expected credit losses.

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