According to the Hong Kong Stock Exchange disclosure documents on May 25,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$On May 24, 1.06 million common shares were repurchased, involving an amount of HK$354 million. The repurchase price per share ranged from HK$336.8 to HK$331.
The cumulative number of securities repurchased so far this year (since the ordinary resolution was passed) was 3.13 million shares, accounting for 0.033% of the number of shares issued when the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On May 23, 2.5 million common shares were repurchased, involving an amount of HK$149 million. The repurchase price per share ranged from HK$59.95 to HK$59.55.
③ $AIA (01299.HK)$On May 24, 1,7036 million common shares were repurchased, involving an amount of HK$132 million. The repurchase price per share ranged from HK$78.45 to HK$76.95.
The cumulative number of securities repurchased so far this year (since the ordinary resolution was passed) was 8.3622 million shares, accounting for 0.072% of the number of shares issued when the ordinary resolution was passed.
④ $CK ASSET (01113.HK)$On May 24, 1,819,500 common shares were repurchased, involving an amount of HK$78.881 million. The repurchase price per share ranged from HK$43.6 to HK$42.6.
The cumulative number of securities repurchased so far this year (since the ordinary resolution was passed) was 2,526 million shares, accounting for 0.07% of the number of shares issued when the ordinary resolution was passed.
⑤ $HAIER SMARTHOME (06690.HK)$1.4 million A-shares were repurchased on May 24, involving an amount of $31.371,000. The repurchase price of each share ranged from $22.5 to $22.3.
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.