According to documents disclosed by the Hong Kong Stock Exchange on November 2,$AIA (01299.HK)$,$SINOPEC CORP (00386.HK)$Wait for the shares to be repurchased.
① $AIA (01299.HK)$The repurchase of 2.016 million common stock shares on November 1 involved an amount of HK$135 million. The repurchase price per share ranged from HK$67.75 to HK$66.4.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 164 million shares, accounting for 1.409% of the number of shares issued at the time the General Resolution was passed.
② $SINOPEC CORP (00386.HK)$On November 1, 7.782 million H-shares were repurchased, involving an amount of HK$31.2572 million. The repurchase price per share ranged from HK$4.03 to HK$3.99.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 111 million shares, accounting for 0.09% of the number of shares issued at the time the General Resolution was passed.
③ $HAIER SMARTHOME (06690.HK)$The repurchase of 1 million A shares of A shares on November 1 involved an amount of HK$22.253 million. The repurchase price per share ranged from HK$22.31 to HK$22.21.
④ $STANCHART (02888.HK)$The repurchase of 2,814,800 common shares on 31 October involved an amount of £17.8616 million. The repurchase price per share ranged from £6.41 to £6.16.
⑤ $ESR (01821.HK)$On November 1, 1.45 million common stock shares were repurchased, involving an amount of HK$14.6968 million. The repurchase price per share ranged from HK$10.26 to HK$9.97.
The cumulative number of securities repurchased so far this year (since the adoption of the ordinary resolution) was 45.3594 million shares, accounting for 1.035% 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.