According to the Hong Kong Stock Exchange's April 17 disclosure documents,$HSBC HOLDINGS (00005.HK)$,$CK ASSET (01113.HK)$Wait for the shares to be repurchased.
① $HSBC HOLDINGS (00005.HK)$On April 15, 3.2412 million common shares were repurchased, involving an amount of HK$206 million. The repurchase price for each share ranged from HK$63.85 to HK$63.1.
② $CK ASSET (01113.HK)$2,434,500 common shares were repurchased on April 16, involving an amount of HK$76.3271 million. The repurchase price for each share ranged from HK$31.4 to HK$31.15.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 77.634,500 shares, accounting for 2.161% of the number of shares issued when the ordinary resolution was passed.
③ $HANG SENG BANK (00011.HK)$600,000 common shares were repurchased on April 16, involving an amount of HK$57.3567 million. The repurchase price for each share ranged from HK$96.9 to HK$94.45.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 1,534 million shares, accounting for 0.08% 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 16, involving an amount of HK$35.8968 million. The repurchase price for each share ranged from HK$4.55 to HK$4.42.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 158 million shares, accounting for 5.22% of the number of shares issued when the ordinary resolution was passed.
⑤ $CSPC PHARMA (01093.HK)$Five million common shares were repurchased on April 16, involving an amount of HK$29.0822 million. The repurchase price for each share ranged from HK$5.85 to HK$5.77.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 5 million shares, accounting for 0.042% 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.