According to documents disclosed by the Hong Kong Stock Exchange on December 20,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$The repurchase of 1.29 million common stock shares on December 19 involved an amount of HK$401 million. The repurchase price per share ranged from HK$314.4 to HK$306.6.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 119 million shares, accounting for 1.236% of the number of shares issued at the time the General Resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On December 18, 2,976 million common shares were repurchased, involving an amount of HK$179 million. The repurchase price per share ranged from HK$60.4 to HK$60.1.
③ $AIA (01299.HK)$The repurchase of 2017,200 common shares on 19 December involved an amount of HK$134 million. The repurchase price per share ranged from HK$67.1 to HK$66.1 million.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 227 million shares, accounting for 1.953% of the number of shares issued at the time the General Resolution was passed.
④ $LI NING (02331.HK)$On December 19, 5.05 million common stock shares were repurchased, involving an amount of HK$94.4887 million. The repurchase price per share ranged from HK$18.99 to HK$18.61.
The cumulative number of securities repurchased so far this year (since the adoption of the ordinary resolution) was 48.8075 million shares, accounting for 1.548% of the number of shares issued at the time the ordinary resolution was passed.
⑤ $WUXI BIO (02269.HK)$The repurchase of 1,365,000 common stock shares on December 19 involved an amount of HK$38,738,700. The repurchase price per share ranged from HK$28.75 to HK$28.1.
The cumulative number of securities repurchased so far this year (since the adoption of the ordinary resolution) was 28.548 million shares, accounting for 0.672% 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.