According to HKEx's April 15 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 12, involving an amount of HK$1 billion. The repurchase price for each share ranged from HK$317.4 to HK$309.4.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 212 million shares, accounting for 2.211% of the number of shares issued when the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On April 11, 4335,600 common shares were repurchased, involving an amount of HK$281 million. The repurchase price per share ranged from HK$64.95 to HK$64.5.
③ $CK ASSET (01113.HK)$5.821 million common shares were repurchased on April 12, involving an amount of HK$186 million. The repurchase price for each share ranged from HK$32.15 to HK$31.7.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 73.617 million shares, accounting for 2.049% of the number of shares issued when the ordinary resolution was passed.
④ $HSBC HOLDINGS (00005.HK)$4.758,500 common shares were repurchased on April 11, involving an amount of £31.1333 million. The repurchase price per share ranged from £6.63 to £6.44.
⑤ $ASYMCHEM (06821.HK)$382,200 A-shares were repurchased on April 12, involving an amount of $29.522 million. The repurchase price for each share ranged from $77.65 to $76.68.
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.