According to documents disclosed by the Hong Kong Stock Exchange on November 13,$AIA (01299.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $AIA (01299.HK)$The repurchase of 1,944,000 common shares on November 10 involved an amount of HK$135 million. The repurchase price per share ranged from HK$69.8 to HK$68.55.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 175 million shares, accounting for 1.509% of the number of shares issued at the time the General Resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On November 9, 1,166,800 shares of common stock were repurchased, involving an amount of HK$67.3281,000. The repurchase price per share ranged from HK$57.8 to HK$57.55.
③ $DONGFENG GROUP (00489.HK)$On November 10, 14.598 million H shares were repurchased, involving an amount of HK$51.037,500. The repurchase price per share ranged from HK$3.55 to HK$3.45.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 221 million shares, accounting for 7.92% of the number of shares issued at the time the General Resolution was passed.
④ $SINOPEC CORP (00386.HK)$On November 10, 11.84 million H-shares were repurchased, involving an amount of HK$47.120,400. The repurchase price per share ranged from HK$4.01 to HK$3.98.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 184 million shares, accounting for 0.15% of the number of shares issued at the time the General Resolution was passed.
⑤ $SINOPEC CORP (00386.HK)$On November 10, 4.8 million A-shares were repurchased, involving an amount of $25.8024 million. The repurchase price per share ranged from $5.42 to $5.34.
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.