Key facts: Tencent repurchases 1.1M shares for HK$635.7M; exits Warner Bros. talks
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- On December 9, Tencent (700) repurchased 1.1 million shares for a total of HK$635.7 million, as reported by the Hong Kong Stock Exchange (HKEX).1
- Tencent participated in talks over Paramount's bid for Warner Bros. Discovery, initially considering a $1 billion equity stake, which was later abandoned due to board concerns about non-US partners.2