According to documents disclosed by the Hong Kong Stock Exchange on April 23,$HSBC HOLDINGS (00005.HK)$,$HANG SENG BANK (00011.HK)$Wait for the shares to be repurchased.
① $HSBC HOLDINGS (00005.HK)$1,266,800 common shares were repurchased on April 19, involving an amount of HK$78.0367 million. The repurchase price for each share ranged from HK$62 to HK$61.25.
② $HANG SENG BANK (00011.HK)$600,000 common shares were repurchased on April 22, involving an amount of HK$583.405 million. The repurchase price for each share ranged from HK$98.7 to HK$96.5.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 3.914 million shares, accounting for 0.205% of the number of shares issued when the ordinary resolution was passed.
③ $CSPC PHARMA (01093.HK)$4.628 million common shares were repurchased on April 22, involving an amount of HK$27.5927 million. The repurchase price for each share ranged from HK$5.99 to HK$5.86.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 26.628 million shares, accounting for 0.224% of the number of shares issued when the ordinary resolution was passed.
④ $HSBC HOLDINGS (00005.HK)$On April 19, 3.395,900 common shares were repurchased, involving an amount of £21.7072 million. The repurchase price per share ranged from £6.47 to £6.35.
⑤ $WUXI BIO (02269.HK)$On April 22, 1.55 million common shares were repurchased, involving an amount of HK$19.912,200. The repurchase price for each share ranged from HK$12.94 to HK$12.78.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 94.707 million shares, accounting for 2.229% 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.