According to documents disclosed by the Hong Kong Stock Exchange on December 15,$TENCENT (00700.HK)$,$AIA (01299.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$The repurchase of 1.31 million common stock shares on December 14 involved an amount of HK$403 million. The repurchase price per share ranged from HK$314 to HK$304.6.
The cumulative number of securities repurchased so far this year (since the General Resolution was passed) is 115 million shares, accounting for 1.196% of the number of shares issued at the time the General Resolution was passed.
② $AIA (01299.HK)$On December 14, 2,0667,600 common shares were repurchased, involving an amount of HK$135 million. The repurchase price per share ranged from HK$65.95 to HK$64.35.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 222 million shares, accounting for 1.914% of the number of shares issued at the time the General Resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$On December 13, 199,600 common shares were repurchased, involving an amount of HK$121 million. The repurchase price per share ranged from HK$60.75 to HK$60.35.
④ $LI NING (02331.HK)$The repurchase of 6.241,000 common stock shares on December 14 involved an amount of HK$118 million. The repurchase price per share ranged from HK$19.18 to HK$18.58.
The cumulative number of securities repurchased so far this year (since the adoption of the ordinary resolution) was 22.4675 million shares, accounting for 0.852% of the number of shares issued at the time the ordinary resolution was passed.
⑤ $SINOPEC CORP (00386.HK)$On December 14, 10.382 million H shares were repurchased, involving an amount of HK$39.9987 million. The repurchase price per share ranged from HK$3.88 to HK$3.83.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 390 million shares, accounting for 0.32% of the number of shares issued at the time the General 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.