---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/9103924.md"
description: "腾讯的问题是，回购注销股票的规模虽然大，但股权激励的规模也不小，导致总股本下降比较缓慢。历史上腾讯授予出去的行权价很低的存量股权激励规模还不小，所以回购注销股票在总股本缩小、每股收益提升上的效应不明显。$TENCENT(00700.HK)"
datetime: "2023-08-17T02:26:59.000Z"
locales:
  - [en](https://longbridge.com/en/topics/9103924.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/9103924.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/9103924.md)
author: "[不做咸鱼的小明](https://longbridge.com/en/profiles/73.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/9103924.md) | [繁體中文](https://longbridge.com/zh-HK/topics/9103924.md)


# 腾讯的问题是，回购注销股票的规模虽然大，但股权激励的规模也不小，导致总股本下降比较缓慢。历史上腾讯授…


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