According to documents disclosed by the Hong Kong Stock Exchange on November 24,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$On November 23, 1.23 million common stock shares were repurchased, involving an amount of HK$402 million. The repurchase price per share ranged from HK$329.4 to HK$323.6.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 99.4726 million shares, accounting for 0.996% of the number of shares issued at the time the General Resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On November 22, 2.796 million common stock shares were repurchased, involving an amount of HK$168 million. The repurchase price per share ranged from HK$60.15 to HK$59.75.
③ $AIA (01299.HK)$On November 23, 1.85 million common stock shares were repurchased, involving an amount of HK$135 million. The repurchase price per share ranged from HK$73.55 to HK$71.95.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 192 million shares, accounting for 1.65% of the number of shares issued at the time the General Resolution was passed.
④ $SINOPEC CORP (00386.HK)$On November 23, 8.888 million H-shares were repurchased, involving an amount of HK$36.5876 million. The repurchase price per share ranged from HK$4.18 to HK$4.11.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 250 million shares, accounting for 0.21% of the number of shares issued at the time the General Resolution was passed.
⑤ $HSBC HOLDINGS (00005.HK)$On November 22, 3.611 million common shares were repurchased, involving an amount of £2,18599 million. The repurchase price per share ranged from £6.12 to £6.01.
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.