According to HKEx's March 26 disclosure documents,$TENCENT (00700.HK)$,$AIA (01299.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$3.47 million common shares were repurchased on March 25, involving an amount of HK$1,001 billion. The repurchase price for each share ranged from HK$290.2 to HK$285.6.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 176 million shares, accounting for 1.837% of the number of shares issued when the ordinary resolution was passed.
② $AIA (01299.HK)$5.27 million common shares were repurchased on March 25, involving an amount of HK$291 million. The repurchase price for each share ranged from HK$55.6 to HK$54.75.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 351 million shares, accounting for 3.017% of the number of shares issued when the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$4.167,600 common shares were repurchased on March 22, involving an amount of HK$254 million. The repurchase price for each share ranged from HK$61.4 to HK$60.5.
④ $CK ASSET (01113.HK)$440,000 common shares were repurchased on March 25, involving an amount of HK$14.334 million, with a repurchase price of HK$32.6 to HK$32.55 per share.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 484.34,500 shares, accounting for 1.348% of the number of shares issued when the ordinary resolution was passed.
⑤ $HSBC HOLDINGS (00005.HK)$On March 22, 1,744,700 common shares were repurchased, involving an amount of £10.9205 million. The repurchase price for each share ranged from £6.27 to £6.21.
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.