According to documents disclosed by the Hong Kong Stock Exchange on February 23,$YUM CHINA (09987.HK)$,$KUAISHOU-W (01024.HK)$Wait for the shares to be repurchased.
① $YUM CHINA (09987.HK)$104,800 common shares were repurchased on February 21, involving an amount of HK$36.6715 million. The repurchase price for each share ranged from HK$334.2 to HK$321.2.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 1,067,000 shares, accounting for 0.24% of the number of shares issued when the ordinary resolution was passed.
② $KUAISHOU-W (01024.HK)$482,700 common shares were repurchased on February 22, involving an amount of HK$21.8623 million. The repurchase price for each share ranged from HK$45.5 to HK$44.85.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 42.4617 million shares, accounting for 0.98% of the number of shares issued when the ordinary resolution was passed.
③ $YUM CHINA (09987.HK)$On February 21, 453,500 common shares were repurchased, involving an amount of US$18.7999 million, with a repurchase price of US$41.77 to US$41.14 per share.
④ $AIA (01299.HK)$On February 22, 201,200 common shares were repurchased, involving an amount of HK$13.1126 million. The repurchase price for each share ranged from HK$66.55 to HK$64.6.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 298 million shares, accounting for 2.566% of the number of shares issued when the ordinary resolution was passed.
⑤ $SWIRE PACIFIC A (00019.HK)$On February 22, 195,000 common shares were repurchased, involving an amount of HK$12.485,900, with a repurchase price of HK$64.5 to HK$63.6 per share.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 8.9735 million shares, accounting for 1.047% of the number of shares issued when 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.