According to Hong Kong Exchanges and Clearing's disclosure documents on September 22nd,$TENCENT (00700.HK)$、$AIA (01299.HK)$Waiting for the repurchase of shares.
① $TENCENT (00700.HK)$1.22 million common shares were repurchased on 21 September, involving an amount of HK $352 million at repurchase prices ranging from HK $291 to HK $286 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 36.45 million shares, accounting for 0.379% of the number of shares issued at the time of the passing of the ordinary resolution.
② $AIA (01299.HK)$2.495 million common shares were repurchased on 21 September, involving an amount of HK $178 million at repurchase prices ranging from HK $71.70 to HK $70.70 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 133 million shares, accounting for 1.102% of the number of shares issued at the time of the passing of the ordinary resolution.
③ $SINOPEC CORP (00386.HK)$23.7 million A-shares were repurchased on September 21, involving an amount of $100m, with repurchase prices ranging from $4.26 to $4.19 per share.
④ $XIAOMI-W (01810.HK)$7.5 million common shares were repurchased on 21 September, involving an amount of HK $73.3483 million at repurchase prices ranging from HK $9.91 to HK $9.73 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 72.5 million shares, accounting for 0.29% of the number of shares in issue at the time of the passing of the ordinary resolution.
⑤ $SINOPEC CORP (00386.HK)$15.108 million H shares were repurchased on 21 September, involving an amount of HK $52.0758 million at prices ranging from HK $3.46 to HK $3.43 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 15.108 million shares, accounting for 0.01 per cent of the number of shares issued at the time of the passing of the ordinary resolution.
Details of share repurchase information of listed companies are shown in the following figure:
What is a stock buyback?
Stock buyback refers to the behavior that listed companies use cash and other means to buy back a certain amount of shares issued by the company from the stock market. The company may cancel the repurchased shares after the completion of the share repurchase. This will reduce the number of stocks outstanding, so as to achieve the positive role of market capitalization management, equity incentive and stock price stabilization.