According to documents disclosed by the Hong Kong Stock Exchange on June 28,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$1.18 million common shares were repurchased on June 27, involving an amount of HK$402 million. The repurchase price for each share ranged from HK$344 to HK$332.8.
The cumulative number of securities repurchased during the year so far (since the passage of the ordinary resolution) was 27.634 million shares, accounting for 0.288% of the number of shares issued at the time the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On June 26, 2,632,400 common shares were repurchased, involving an amount of HK$150 million. The repurchase price of each share ranged from HK$59.95 to HK$5.96.
③ $AIA (01299.HK)$On June 27, 1,6794 million common shares were repurchased, involving an amount of HK$132 million. The repurchase price for each share ranged from HK$79.4 to HK$77.55.
The cumulative number of securities repurchased during the year so far (since the passage of the ordinary resolution) was 44.996 million shares, accounting for 0.387% of the number of shares issued at the time the ordinary resolution was passed.
④ $CK ASSET (01113.HK)$912,500 common shares were repurchased on June 27, involving an amount of HK$39.6534 million. The repurchase price for each share ranged from HK$43.5 to HK$43.35.
The cumulative number of securities repurchased during the year so far (since the passage of the ordinary resolution) was 25.077 million shares, accounting for 0.698% of the number of shares issued at the time the ordinary resolution was passed.
⑤ $XIAOMI-W (01810.HK)$2.3 million common shares were repurchased on June 27, involving an amount of HK$24.3894 million. The repurchase price of each share ranged from HK$10.62 to HK$10.58.
The cumulative number of securities repurchased during the year so far (since the passage of the ordinary resolution) was 24.7 million shares, accounting for 0.1% of the number of shares issued at the time 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.