According to HKEx's March 27 disclosure documents,$TENCENT (00700.HK)$,$AIA (01299.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$3.4 million common shares were repurchased on March 26, involving an amount of HK$1.03 billion. The repurchase price for each share ranged from HK$300.6 to HK$288.2.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 180 million shares, accounting for 1.873% of the number of shares issued when the ordinary resolution was passed.
② $AIA (01299.HK)$5.795 million common shares were repurchased on March 26, involving an amount of HK$313 million. The repurchase price per share ranged from HK$54.65 to HK$53.35.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 356 million shares, accounting for 3.067% of the number of shares issued when the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$On March 25, 3.713,200 common shares were repurchased, involving an amount of HK$228 million. The repurchase price for each share ranged from HK$61.55 to HK$61.15.
④ $CK ASSET (01113.HK)$4.344 million common shares were repurchased on March 26, involving an amount of HK$140 million. The repurchase price for each share ranged from HK$32.5 to HK$32.05.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 52.778,500 shares, accounting for 1.469% of the number of shares issued when the ordinary resolution was passed.
⑤ $SINOPEC CORP (00386.HK)$19.866 million H shares were repurchased on March 26, involving an amount of HK$88,7792 million. The repurchase price per share ranged from HK$4.48 to HK$4.42.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 424 million shares, accounting for 0.35% 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.