Paris, New York, and LondonJune 24, 2026 /PRNewswire/ — AMTD Group Inc., AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD), and The Generation Essentials Group (“TGE”, a subsidiary of AMTD Digital Inc., NYSE: TGE; LSE: TGE) (collectively referred to as the “Group” or “AMTD”) jointly announce that, pursuant to the various share repurchase plans established and implemented by the Group, as of the date of this announcement, the cumulative number of shares repurchased is approximately as follows:
– AMTD IDEA Group: 4,417,036 American Depositary Shares
– AMTD Digital Inc.: 2,798,473 American Depositary Shares
– TGE: 284,538 ordinary shares
The Group reiterates its full confidence in its long-term development prospects. The respective boards of directors of AMTD IDEA Group, AMTD Digital Inc., and TGE believe that, leveraging a diversified business layout spanning multiple industries and countries, as well as a board structure with a majority of independent directors aligned with global best practices in corporate governance, AMTD has a solid foundation for achieving sustainable long-term growth. Each core business segment of the Group has established a strong foundation and maintains a leading competitive position in the industry.
Media Business
Through TGE, AMTD holds two top global media brands — L’OFFICIEL AMTD IDEA and The Art Newspaper — with operations covering over 30 countries and regions, deeply engaging in the fashion lifestyle and art culture sectors.
Film and Entertainment Business
As a rapidly growing participant in the film industry, AMTD has co-produced several blockbuster films, with cumulative global box office revenues of approximately USD 760 million. The Group has also established long-term partnerships with leading film production companies, including a comprehensive strategic collaboration with Damai Entertainment (formerly Alibaba Pictures).
Hotel Business
AMTD holds a high-quality global hotel asset portfolio, including five AMTD-branded hotels and the world’s 100th Ritz-Carlton hotel. This diversified hotel portfolio is located in key international cities across four continents, with approximately 1,000 guest rooms in total.
Fintech and Digital Investment Business
AMTD co-founded Airstar Bank (formerly Tianxing Bank) with Xiaomi, which is one of Hong Kong’s eight licensed digital banks, with Futu now as its major shareholder. During the COVID-19 pandemic, AMTD collaborated with the Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) to launch the “MAS-SFA-AMTD Fintech Solidarity Fund” totaling SGD 6 million, supporting Asian fintech companies through the crisis. Additionally, AMTD has made a strategic investment in WeDoctor, a leading AI-powered healthcare service platform in mainland China.
Based on indicators such as total asset value per share and net asset value per share, the respective boards of AMTD believe that the current stock prices of its listed entities are significantly undervalued relative to their intrinsic fundamental value and strongly oppose short-selling activities that distort true market valuations. Accordingly, the Group will continue to advance its existing share repurchase plans and may expand the scale of repurchases as market conditions warrant, in line with established strategies.
At the same time, AMTD will continue to implement its overall development strategy, drive steady business growth, and maximize long-term shareholder value. The Group will also launch a global roadshow to deepen communication and engagement with international investors.
About AMTD Group
AMTD Group is a conglomerate enterprise group with core businesses spanning media and entertainment, education and training, and real estate investment and management.
About AMTD IDEA Group
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) is a diversified institutional and digital solutions group that builds bridges between enterprises and investors and global markets. Its comprehensive one-stop business and digital solutions platform meets the diverse and interconnected business and digital needs of clients at various stages of their lifecycle. As an active “super-connector,” AMTD IDEA Group bridges clients, business partners, investee companies, and investors, connecting Eastern and Western markets. For more information, please visit www.amtdinc.com or follow @AMTDGroup on X (formerly Twitter).
About AMTD Digital Inc.
AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital platform covers key business segments including digital media, content and marketing services, investments, and hospitality and VIP services. For company announcements, please visit: https://ir.amtdigital.net/investor-news.
About The Generation Essentials Group
The Generation Essentials Group (NYSE: TGE; LSE: TGE) was co-founded by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB), and AMTD Digital Inc. (NYSE: HKD), and is headquartered in France. TGE operates with a global vision, focusing on multimedia, entertainment and culture, as well as hospitality and VIP services. It brings together internationally renowned media brands such as L’Officiel and The Art Newspaper, along with film and entertainment projects, forming a diversified business matrix spanning media, entertainment, and hospitality. Additionally, TGE serves as a sponsor of special purpose acquisition companies (SPACs), with its first SPAC successfully priced and listed on December 18, 2025.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can often be identified by words such as “will,” “expect,” “anticipate,” “target,” “future,” “intend,” “plan,” “believe,” “estimate,” “may,” and similar expressions. Statements other than historical facts, including statements regarding the beliefs, plans, and expectations of AMTD IDEA Group, AMTD Digital Inc., and/or The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. For more information on these and other risks, please refer to the filings of AMTD IDEA Group, AMTD Digital Inc., and The Generation Essentials Group with the U.S. Securities and Exchange Commission (SEC). The information contained in this press release is current only as of its date, and the aforementioned companies undertake no obligation to update any forward-looking statements, except as required by applicable law.
For inquiries, please contact:
AMTD IDEA Group:
AMTD Digital Inc.:
The Generation Essentials Group: