According to HKEx disclosure documents on March 22,$HSBC HOLDINGS (00005.HK)$,$SWIRE PACIFIC A (00019.HK)$Wait for the shares to be repurchased.
① $HSBC HOLDINGS (00005.HK)$On March 20, 1,8396 million common shares were repurchased, involving an amount of HK$110 million. The repurchase price for each share ranged from HK$59.8 to HK$59.6.
② $SWIRE PACIFIC A (00019.HK)$221,000 common shares were repurchased on March 21, involving an amount of HK$14.173,500, with a repurchase price of HK$64.5 to HK$63.55 per share.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 14.579 million shares, accounting for 1.702% of the number of shares issued when the ordinary resolution was passed.
③ $ASYMCHEM (06821.HK)$207,400 A-shares were repurchased on March 21, involving an amount of $19.992 million. The repurchase price for each share ranged from $96.76 to $95.97.
④ $HSBC HOLDINGS (00005.HK)$2.4851 million common shares were repurchased on March 20, involving an amount of £14.9911 million. The repurchase price for each share ranged from £6.08 to £5.99.
⑤ $STANCHART (02888.HK)$1,1393 million common shares were repurchased on March 20, involving an amount of £7.4317 million. The repurchase price for each share ranged from £6.6 to £6.44.
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.