According to HKEx's March 13 disclosure documents,$HSBC HOLDINGS (00005.HK)$,$SWIRE PACIFIC A (00019.HK)$Wait for the shares to be repurchased.
① $HSBC HOLDINGS (00005.HK)$2,898,400 common shares were repurchased on March 11, involving an amount of HK$169 million. The repurchase price for each share ranged from HK$58.65 to HK$58.3.
② $SWIRE PACIFIC A (00019.HK)$338,000 common shares were repurchased on March 12, involving an amount of HK$21.7625 million. The repurchase price for each share ranged from HK$64.85 to HK$64.05.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 12.623,500 shares, accounting for 1.473% of the number of shares issued when the ordinary resolution was passed.
③ $ASYMCHEM (06821.HK)$517,200 A-shares were repurchased on March 7, involving an amount of $49.9965 million. The repurchase price per share ranged from $97.07 to $95.67.
④ $STANCHART (02888.HK)$On March 11, 3.3992 million common shares were repurchased, involving an amount of £22.364,700. The repurchase price per share ranged from £6.62 to £6.53.
⑤ $YUM CHINA (09987.HK)$516,600 common shares were repurchased on March 11, involving an amount of US$21.5999 million, with a repurchase price of US$42.02 to US$41.54 per share.
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.