According to Hong Kong Exchanges and Clearing's disclosure documents on December 7,$TENCENT (00700.HK)$、$AIA (01299.HK)$Waiting for the repurchase of shares.
① $TENCENT (00700.HK)$934400 common shares were repurchased on December 6, involving an amount of HK $289 million at a repurchase price ranging from HK $310.2 to HK $307.6 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 73.5834 million shares, accounting for 0.766% of the number of shares issued at the time of the passing of the ordinary resolution.
② $AIA (01299.HK)$1.9612 million common shares were repurchased on December 6, involving an amount of HK $163 million, with repurchase prices ranging from HK $83.60 to HK $81.80 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 250 million shares, accounting for 2.072% of the number of shares issued at the time of the passing of the ordinary resolution.
③ $SINOPEC CORP (00386.HK)$13.332 million H shares were repurchased on December 6, involving an amount of HK $49.2231 million at repurchase prices ranging from HK $3.75 to HK $3.64 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 713 million shares, accounting for 0.59 per cent of the number of shares issued at the time of the passing of the ordinary resolution.
④ $CK ASSET (01113.HK)$530000 common shares were repurchased on December 6, involving an amount of HK $24.0903 million at repurchase prices ranging from HK $45.60 to HK $45.35 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 47.3125 million shares, accounting for 1.299% of the number of shares issued at the time of the passing of the ordinary resolution.
⑤ $SWIRE PACIFIC A (00019.HK)$285000 common shares were repurchased on December 6, involving an amount of HK $17.0659 million, with repurchase prices ranging from HK $60 to HK $59.35 per share.
The cumulative number of securities repurchased so far this year (since the passing of the ordinary resolution) is 38.9165 million shares, accounting for 4.299% of the total number of shares issued when the ordinary resolution is passed.
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.