According to Hong Kong Exchanges and Clearing's disclosure documents on November 25th,$TENCENT (00700.HK)$、$AIA (01299.HK)$Waiting for the repurchase of shares.
① $TENCENT (00700.HK)$1.24 million common shares were repurchased on November 24, involving an amount of HK $350 million, with repurchase prices ranging from HK $289.2 to HK $279 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 66.59 million shares, accounting for 0.693% of the number of shares issued at the time of the passing of the ordinary resolution.
② $AIA (01299.HK)$3.0034 million common shares were repurchased on November 24, involving an amount of HK $225 million at repurchase prices ranging from HK $75.30 to HK $74.30 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 234 million shares, accounting for 1.943% of the number of shares issued at the time of the passing of the ordinary resolution.
③ $SINOPEC CORP (00386.HK)$22.534 million H shares were repurchased on November 24, involving an amount of HK $79.5157 million, with repurchase prices ranging from HK $3.54 to HK $3.48 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 573 million shares, accounting for 0.47% of the number of shares issued at the time of the passing of the ordinary resolution.
④ $GREATWALL MOTOR (02333.HK)$1.3902 million A-shares were repurchased on November 24, involving an amount of $40.0903 million, with repurchase prices ranging from $28.99 to $28.75 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 33.5964 million shares, accounting for 0.548 per cent of the number of shares issued at the time of the passing of the ordinary resolution.
⑤ $HAIER SMARTHOME (06690.HK)$800000 H shares were repurchased on November 24, involving an amount of HK $19.5836 million, with repurchase prices ranging from HK $24.65 to HK $24.15 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 11.8766 million shares, accounting for 0.414% of the number of shares in issue 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.