According to HKEx's April 19 disclosure documents,$HSBC HOLDINGS (00005.HK)$,$HANG SENG BANK (00011.HK)$Wait for the shares to be repurchased.
① $HSBC HOLDINGS (00005.HK)$On April 17, 3.252,800 common shares were repurchased, involving an amount of HK$201 million. The repurchase price for each share ranged from HK$62.1 to HK$61.7.
② $HANG SENG BANK (00011.HK)$580,000 common shares were repurchased on April 18, involving an amount of HK$55,8938, with a repurchase price of HK$97.15 to HK$95.35 per share.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) was 2,714,000 shares, accounting for 0.142% of the number of shares issued when the ordinary resolution was passed.
③ $CK ASSET (01113.HK)$On April 18, 1,276,500 shares of common shares were repurchased, involving an amount of HK$39.453 million. The repurchase price for each share ranged from HK$31.45 to HK$31.05.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 79.755 million shares, accounting for 2.22% of the number of shares issued when the ordinary resolution was passed.
④ $CSPC PHARMA (01093.HK)$Five million common shares were repurchased on April 18, involving an amount of HK$29.4427 million, with a repurchase price of HK$5.92 to HK$5.8 per share.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 16 million shares, accounting for 0.134% of the number of shares issued when the ordinary resolution was passed.
⑤ $CHINASOFT INT'L (00354.HK)$On April 18, 3 million common shares were repurchased, involving an amount of HK$13.4682 million. The repurchase price for each share ranged from HK$4.5 to HK$4.47.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 161 million shares, accounting for 5.32% 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.