According to documents disclosed by the Hong Kong Stock Exchange on August 3,$YEEBO (INT'L H) (00259.HK)$,$ITC PROPERTIES (00199.HK)$Wait for the shares to be repurchased.
① $YEEBO (INT'L H) (00259.HK)$228,000 common shares were repurchased on August 2, involving an amount of HK$675,1. The repurchase price for each share ranged from HK$2.97 to HK$2.91.
The cumulative number of securities repurchased during the year so far (since the passage of the ordinary resolution) was 216.672 million shares, accounting for 2.196% of the number of shares issued at the time the ordinary resolution was passed.
② $ITC PROPERTIES (00199.HK)$On August 2, 480,000 shares of common stock were repurchased, involving an amount of HK$356,300. The repurchase price of each share ranged from HK$0.8 to HK$0.71.
The cumulative number of securities repurchased during the year so far (since the passage of the ordinary resolution) was 33.568 million shares, accounting for 3.55% of the number of shares issued at the time the ordinary resolution was passed.
③ $YUM CHINA (09987.HK)$17,200 common shares were repurchased on August 1, involving an amount of US$1 million. The repurchase price of each share ranged from US$60.17 to US$57.29.
④ $NATIONAL ELEC H (00213.HK)$400,000 common shares were repurchased on August 2, involving an amount of HK$320,000 at a repurchase price of HK$0.8 per share.
The cumulative number of securities repurchased during the year so far (since the passage of the ordinary resolution) was 22.736 million shares, accounting for 2.413% of the number of shares issued at the time the ordinary resolution was passed.
⑤ $ZHIHU-W (02390.HK)$On August 1, 83,400 shares of common stock were repurchased, involving an amount of US$199,900. The repurchase price of each share ranged from US$2.4 to US$2.37.
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.