According to documents disclosed by the Hong Kong Stock Exchange on December 19,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$On December 18, 1.29 million common stock shares were repurchased, involving an amount of HK$401 million. The repurchase price per share ranged from HK$312.4 to HK$309.6.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 117 million shares, accounting for 1.223% of the number of shares issued at the time the General Resolution was passed.
② $HSBC HOLDINGS (00005.HK)$The repurchase of 2,996,800 common shares on 15 December involved an amount of HK$184 million. The repurchase price per share ranged from HK$61.55 to HK$60.9 million.
③ $AIA (01299.HK)$On December 18, 1.99 million common stock shares were repurchased, involving an amount of HK$134 million. The repurchase price per share ranged from HK$67.75 to HK$67.05.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 225 million shares, accounting for 1.936% of the number of shares issued at the time the General Resolution was passed.
④ $LI NING (02331.HK)$The repurchase of 6.1 million common stock shares on December 18 involved an amount of HK$114 million. The repurchase price per share ranged from HK$18.72 to HK$18.44.
The cumulative number of securities repurchased so far this year (since the adoption of the ordinary resolution) was 35.802 million shares, accounting for 1.358% of the number of shares issued at the time the ordinary resolution was passed.
⑤ $WUXI BIO (02269.HK)$On December 18, 782 million common stock shares were repurchased, involving an amount of HK$22.8877 million. The repurchase price per share ranged from HK$29.4 to HK$29.15.
The cumulative number of securities repurchased so far this year (since the adoption of the ordinary resolution) was 27.183 million shares, accounting for 0.64% 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.