According to HKEx disclosure documents of April 22,$HSBC HOLDINGS (00005.HK)$,$HANG SENG BANK (00011.HK)$Wait for the shares to be repurchased.
① $HSBC HOLDINGS (00005.HK)$On April 18, 3.673,200 common shares were repurchased, involving an amount of HK$229 million. The repurchase price for each share ranged from HK$62.75 to HK$61.8.
② $HANG SENG BANK (00011.HK)$600,000 common shares were repurchased on April 19, involving an amount of HK$57.2853 million. The repurchase price for each share ranged from HK$96.35 to HK$93.9.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 3.314 million shares, accounting for 0.173% of the number of shares issued when the ordinary resolution was passed.
③ $ASYMCHEM (06821.HK)$588,800 A-shares were repurchased on April 19, involving an amount of $44.5815 million. The repurchase price for each share ranged from $77 to $7598.
④ $CSPC PHARMA (01093.HK)$The 6 million common shares were repurchased on April 19, involving an amount of HK$35.693 million. The repurchase price for each share ranged from HK$5.82 to HK$5.66.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 22 million shares, accounting for 0.185% of the number of shares issued when the ordinary resolution was passed.
⑤ $CK ASSET (01113.HK)$700,000 common shares were repurchased on April 19, involving an amount of HK$21.632,500. The repurchase price for each share ranged from HK$31.05 to HK$30.7.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 804.505 million shares, accounting for 2.239% 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.