Triumph Financial Soars: Tencent's Share Buyback Boosts Stock!

Friday, Jun 6, 2025 2:55 pm ET1min read
Triumph Financial, Inc. rose 2.54% during intraday trading. Tencent Holdings Ltd, an investment holding company primarily engaged in the provision of value-added services, online advertising services, as well as FinTech and business services, bought back 975,000 shares for HK$500.8 million. This news event is likely to have a positive impact on the stock market, as it indicates that the company is confident in its future prospects and is taking steps to increase shareholder value.

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