According to HKEx's March 25 disclosure documents,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$3.49 million common shares were repurchased on March 22, involving an amount of HK$1,001 billion. The repurchase price for each share ranged from HK$290.2 to HK$282.8.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 173 million shares, accounting for 1.801% of the number of shares issued when the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$4.5 million common shares were repurchased on March 21, involving an amount of HK$273 million. The repurchase price for each share ranged from HK$61.05 to HK$60.15.
③ $CK ASSET (01113.HK)$5.4 million common shares were repurchased on March 22, involving an amount of HK$177 million. The repurchase price for each share ranged from HK$33.5 to HK$32.25.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 479.945 million shares, accounting for 1.336% of the number of shares issued when the ordinary resolution was passed.
④ $AIA (01299.HK)$On March 22, 2,0912 million common shares were repurchased, involving an amount of HK$117 million. The repurchase price for each share ranged from HK$56.85 to HK$55.75.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 345 million shares, accounting for 2.971% of the number of shares issued when the ordinary resolution was passed.
⑤ $HSBC HOLDINGS (00005.HK)$3.4974 million common shares were repurchased on March 21, involving an amount of £21.623,200. The repurchase price per share ranged from £6.24 to £6.11.
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.