According to the Hong Kong Stock Exchange's April 11 disclosure documents,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$3.2 million common shares were repurchased on April 10, involving an amount of HK$1,001 billion. The repurchase price for each share ranged from HK$315.2 to HK$307.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 206 million shares, accounting for 2.144% of the number of shares issued when the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$4.7 million common shares were repurchased on April 9, involving an amount of HK$300 million. The repurchase price for each share ranged from HK$64.1 to HK$63.7.
③ $ASYMCHEM (06821.HK)$On April 10, 367,800 A-shares were repurchased, involving an amount of $29.99,200, with a repurchase price of $81.8 to $81.21 per share.
④ $HSBC HOLDINGS (00005.HK)$4.069 million common shares were repurchased on April 9, involving an amount of £25.9046 million. The repurchase price per share ranged from £6.49 to £6.43.
⑤ $CK ASSET (01113.HK)$752,500 common shares were repurchased on April 10, involving an amount of HK$24.528,600. The repurchase price for each share ranged from HK$32.65 to HK$32.45.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) was 66,266,500 shares, accounting for 1.844% 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.