According to documents disclosed by the Hong Kong Stock Exchange on November 22,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$On November 21, 1.22 million common stock shares were repurchased, involving an amount of HK$400 million. The repurchase price per share ranged from HK$332.4 to HK$323.8.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 93,012,600 shares, accounting for 0.97% of the number of shares issued at the time the General Resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On November 20, 3.274,000 common shares were repurchased, involving an amount of HK$197 million. The repurchase price per share ranged from HK$60.4 to HK$59.75.
③ $AIA (01299.HK)$On November 21, 1.84 million common stock shares were repurchased, involving an amount of HK$135 million. The repurchase price per share ranged from HK$73.85 to HK$72.35.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 188 million shares, accounting for 1.619% of the number of shares issued at the time the General Resolution was passed.
④ $SINOPEC CORP (00386.HK)$On November 21, 9.522 million H shares were repurchased, involving an amount of HK$39.9496 million. The repurchase price per share ranged from HK$4.23 to HK$4.16.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 233 million shares, accounting for 0.19% of the number of shares issued at the time the General Resolution was passed.
⑤ $HSBC HOLDINGS (00005.HK)$On November 20, 3,585,600 common shares were repurchased, involving an amount of £22.0629 million. The repurchase price per share ranged from £6.17 to £6.13.
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.