According to Hong Kong Exchanges and Clearing's disclosure documents on November 21st,$TENCENT (00700.HK)$、$GREATWALL MOTOR (02333.HK)$Waiting for the repurchase of shares.
① $TENCENT (00700.HK)$1.21 million common shares were repurchased on November 18, involving an amount of HK $352 million at a repurchase price ranging from HK $292.6 to HK $286.6 per share.
The cumulative number of securities repurchased so far this year (since the adoption of the ordinary resolution) is 61.6 million shares, accounting for 0.641% of the number of shares issued at the time of the passing of the ordinary resolution.
② $GREATWALL MOTOR (02333.HK)$30 million H shares were repurchased on 18 November, involving an amount of HK $303 million at a price ranging from HK $10.2 to HK $9.85 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 30 million shares, accounting for 1.075% of the number of shares issued at the time of the passing of the ordinary resolution.
③ $AIA (01299.HK)$2.9456 million common shares were repurchased on 18 November, involving an amount of HK $225 million at repurchase prices ranging from HK $77.25 to HK $75.55 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 222 million shares, accounting for 1.843% of the number of shares issued at the time of the passing of the ordinary resolution.
④ $SINOPEC CORP (00386.HK)$24.704 million H shares were repurchased on November 18, involving an amount of HK $83.7564 million at a price ranging from HK $3.42 to HK $3.38 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 483 million shares, accounting for 0.4 per cent of the number of shares issued at the time of the passing of the ordinary resolution.
⑤ $SINOPEC CORP (00386.HK)$14 million A shares were repurchased on November 18, involving an amount of $59.8473 million, with repurchase prices ranging from $4.29 to $4.26 per share.
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.