According to documents disclosed by the Hong Kong Stock Exchange on March 28,$TENCENT (00700.HK)$,$AIA (01299.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$On March 27, 3.29 million common shares were repurchased, involving an amount of HK$1,002 billion. The repurchase price for each share ranged from HK$305.8 to HK$296.6.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 183 million shares, accounting for 1.907% of the number of shares issued when the ordinary resolution was passed.
② $AIA (01299.HK)$5.95 million common shares were repurchased on March 27, involving an amount of HK$315 million. The repurchase price for each share ranged from HK$54.2 to HK$52.4.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 362 million shares, accounting for 3.118% of the number of shares issued when the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$4,936,800 common shares were repurchased on March 26, involving an amount of HK$305 million. The repurchase price for each share ranged from HK$61.95 to HK$61.6.
④ $CK ASSET (01113.HK)$4.167 million common shares were repurchased on March 27, involving an amount of HK$134 million. The repurchase price for each share ranged from HK$32.3 to HK$32.1.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 56.945,500 shares, accounting for 1.585% of the number of shares issued when the ordinary resolution was passed.
⑤ $SINOPEC CORP (00386.HK)$On March 27, 20 million H shares were repurchased, involving an amount of HK$87.924 million, with a repurchase price of HK$4.41 to HK$4.36 per share.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 444 million shares, accounting for 0.37% 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.