According to the Hong Kong Stock Exchange disclosure documents on May 22,$HSBC HOLDINGS (00005.HK)$,$AIA (01299.HK)$Wait for the shares to be repurchased.
① $HSBC HOLDINGS (00005.HK)$On May 18, 2.5 million common shares were repurchased, involving an amount of HK$148 million. The repurchase price per share ranged from HK$59.6 to HK$59.05.
② $AIA (01299.HK)$On May 19, 1,671,400 common shares were repurchased, involving an amount of HK$132 million. The repurchase price per share ranged from HK$79.65 to HK$78.1.
The cumulative number of securities repurchased so far this year (since the ordinary resolution was passed) was 3,329,800 shares, accounting for 0.029% of the number of shares issued when the ordinary resolution was passed.
③ $SHOUCHENG (00697.HK)$On May 19, 12.2 million common shares were repurchased, involving an amount of HK$27.5626 million. The repurchase price per share ranged from HK$2.29 to HK$2.17.
The cumulative number of securities repurchased so far this year (since the ordinary resolution was passed) was 84.274 million shares, accounting for 1.157% of the number of shares issued when the ordinary resolution was passed.
④ $MAN WAH HLDGS (01999.HK)$Five million common shares were repurchased on May 19, involving an amount of HK$26.737,500. The repurchase price per share ranged from HK$5.43 to HK$5.31.
The cumulative number of securities repurchased so far this year (since the ordinary resolution was passed) was 26.647,600 shares, accounting for 0.68% of the number of shares issued when the ordinary resolution was passed.
⑤ $CHINASOFT INT'L (00354.HK)$Five million common shares were repurchased on May 19, involving an amount of HK$24.4623 million. The repurchase price per share ranged from HK$4.95 to HK$4.82.
The cumulative number of securities repurchased so far this year (since the ordinary resolution was passed) was 52.508 million shares, accounting for 1.7% of the number of shares issued when the ordinary resolution was passed.
See the chart below for details on share repurchases of listed companies:
What is a stock buyback?
Stock repurchase refers to the act of a listed company using cash or the like to repurchase a certain amount of shares issued by the company from the stock market. The company may cancel the repurchased shares after the stock repurchase is completed. This will reduce the number of stocks that are out of circulation by enterprises, thereby achieving positive effects such as market value management, equity incentives, and stabilizing stock prices.