According to the Hong Kong Stock Exchange disclosure documents on May 29,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$On May 25, 1.09 million common shares were repurchased, involving an amount of HK$353 million. The repurchase price per share ranged from HK$330.6 to HK$318.4.
The cumulative number of securities repurchased so far this year (since the ordinary resolution was passed) was 4.22 million shares, accounting for 0.044% of the number of shares issued when the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On May 24, 2,4976 million common shares were repurchased, involving an amount of HK$148 million. The repurchase price per share ranged from HK$5965 to HK$59.2.
③ $HSBC HOLDINGS (00005.HK)$On May 25, 2.5024 million common shares were repurchased, involving an amount of HK$146 million. The repurchase price per share ranged from HK$5835 to HK$57.9.
④ $AIA (01299.HK)$On May 25, 1,736,600 common shares were repurchased, involving an amount of HK$132 million. The repurchase price per share ranged from HK$77 to HK$75.7.
The cumulative number of securities repurchased so far this year (since the ordinary resolution was passed) was 1,0093,800 shares, accounting for 0.087% of the number of shares issued when the ordinary resolution was passed.
⑤ $CK ASSET (01113.HK)$On May 25, 2,584,500 common shares were repurchased, involving an amount of HK$112 million. The repurchase price per share ranged from HK$43.25 to HK$42.95.
The cumulative number of securities repurchased so far this year (since the ordinary resolution was passed) was 5.115,500 shares, accounting for 0.142% 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.