According to the Hong Kong Stock Exchange's April 5 disclosure documents,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$On April 3, 3.25 million common shares were repurchased, involving an amount of HK$1,001 billion. The repurchase price for each share ranged from HK$311 to HK$306.6.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 193 million shares, accounting for 2.009% of the number of shares issued when the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$4.475,600 common shares were repurchased on April 2, involving an amount of HK$278 million. The repurchase price for each share ranged from HK$62.3 to HK$61.45.
③ $HSBC HOLDINGS (00005.HK)$2.982,800 common shares were repurchased on April 3, involving an amount of HK$182 million. The repurchase price for each share ranged from HK$61.35 to HK$61.1.
④ $CK ASSET (01113.HK)$On April 3, 1,587 million common shares were repurchased, involving an amount of HK$51.2038 million. The repurchase price for each share ranged from HK$32.35 to HK$32.2.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 63.0865 million shares, accounting for 1.756% of the number of shares issued when the ordinary resolution was passed.
⑤ $XIAOMI-W (01810.HK)$3.2 million common shares were repurchased on April 3, involving an amount of HK$50.1641 million. The repurchase price per share ranged from HK$15.76 to HK$15.54.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 264 million shares, accounting for 1.05% 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.