According to HKEx's April 3 disclosure documents,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$On April 2, 3.23 million common shares were repurchased, involving an amount of HK$1 billion. The repurchase price for each share ranged from HK$311.2 to HK$308.2.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 189 million shares, accounting for 1.975% of the number of shares issued when the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On March 28, 2,364,400 common shares were repurchased, involving an amount of HK$145 million. The repurchase price for each share ranged from HK$61.55 to HK$61.
③ $ASYMCHEM (06821.HK)$524,600 A-shares were repurchased on March 29, involving an amount of $44.9923 million. The repurchase price for each share ranged from $86.29 to $85.02.
④ $ASYMCHEM (06821.HK)$On April 2, 353,900 A-shares were repurchased, involving an amount of $29.99,200, with a repurchase price of $85.74 to $83.78 per share.
⑤ $AIA (01299.HK)$On April 2, 550,000 common shares were repurchased, involving an amount of HK$29.7046 million, with a repurchase price of HK$54.9 to HK$53.5 per share.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 363 million shares, accounting for 3.127% 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.