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TENCENT's Major Shareholder Cuts 371K Shrs, Realizing $190M; Stake Decreases to 22.99%
Recommend 14 Positive 30 Negative 13 |
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TENCENT (00700.HK)'s substantial shareholder, Prosus, reduced its stake in TENCENT by 371,000 shares on Thursday (17th), cashing out about $191.5 million, at an average price per share of $516.0776, with the transaction taking place in Hong Kong, according to shareholding disclosures. Hence, the current shareholding ratio of Prosus decreased from 23% to 22.99%. Public information shows that Prosus last reduced its stake on 6 January 2025, when it cut its stake by 367,000 shares at an average price of $409.7318. AAStocks Financial News Website: www.aastocks.com |
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