According to documents disclosed by the Hong Kong Stock Exchange on April 16,$HSBC HOLDINGS (00005.HK)$,$HANG SENG BANK (00011.HK)$Wait for the shares to be repurchased.
① $HSBC HOLDINGS (00005.HK)$4.147,200 common shares were repurchased on April 12, involving an amount of HK$263 million. The repurchase price per share ranged from HK$63.85 to HK$63.05.
② $HANG SENG BANK (00011.HK)$5992 thousand common shares were repurchased on April 15, involving an amount of HK$58.728 million. The repurchase price for each share ranged from HK$99.3 to HK$96.25.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 934,000 shares, accounting for 0.049% of the number of shares issued when the ordinary resolution was passed.
③ $CK ASSET (01113.HK)$On April 15, 1,583 million common shares were repurchased, involving an amount of HK$50.2567 million. The repurchase price for each share ranged from HK$31.85 to HK$31.55.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 75.2 million shares, accounting for 2.093% of the number of shares issued when the ordinary resolution was passed.
④ $CHINASOFT INT'L (00354.HK)$8 million common shares were repurchased on April 15, involving an amount of HK$36.3927 million. The repurchase price for each share ranged from HK$4.6 to HK$4.47.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 150 million shares, accounting for 4.96% of the number of shares issued when the ordinary resolution was passed.
⑤ $HSBC HOLDINGS (00005.HK)$4,6193 million common shares were repurchased on April 12, involving an amount of £30.275,500. The repurchase price for each share ranged from £6.6 to £6.5.
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.