According to Hong Kong Exchanges and Clearing's disclosure documents on November 22nd,$TENCENT (00700.HK)$、$GREATWALL MOTOR (02333.HK)$Waiting for the repurchase of shares.
① $TENCENT (00700.HK)$1.24 million common shares were repurchased on November 21, involving an amount of HK $351 million at a repurchase price ranging from HK $286.6 to HK $274.6 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 62.84 million shares, accounting for 0.654 per cent of the number of shares issued at the time of the passing of the ordinary resolution.
② $GREATWALL MOTOR (02333.HK)$24.362 million H shares were repurchased on November 21, involving an amount of HK $243 million, with repurchase prices ranging from HK $10.1 to HK $9.79 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 54.362 million shares, accounting for 1.949% of the number of shares issued at the time of the passing of the ordinary resolution.
③ $AIA (01299.HK)$3.0452 million common shares were repurchased on November 21, involving an amount of HK $225 million at repurchase prices ranging from HK $74.55 to HK $72.60 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 225 million shares, accounting for 1.868 per cent of the number of shares issued at the time of the passing of the ordinary resolution.
④ $SINOPEC CORP (00386.HK)$16.368 million H shares were repurchased on November 21, involving an amount of HK $55.3304 million at repurchase prices ranging from HK $3.41 to HK $3.34 per share.
The cumulative number of securities repurchased so far this year (since the adoption of the ordinary resolution) is 500 million shares, accounting for 0.41% of the number of shares issued when the ordinary resolution is passed.
⑤ $SINOPEC CORP (00386.HK)$11.598 million A-shares were repurchased on November 21, involving an amount of $49.1507 million, with repurchase prices ranging from $4.24 to $4.23 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.