According to documents disclosed by the Hong Kong Stock Exchange on April 24,$HSBC HOLDINGS (00005.HK)$,$HANG SENG BANK (00011.HK)$Wait for the shares to be repurchased.
① $HSBC HOLDINGS (00005.HK)$1,283,200 common shares were repurchased on April 22, involving an amount of HK$81.1047 million. The repurchase price for each share ranged from HK$63.55 to HK$62.95.
② $HANG SENG BANK (00011.HK)$600,000 common shares were repurchased on April 23, involving an amount of HK$59.026,900. The repurchase price for each share ranged from HK$98.95 to HK$97.55.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 4,514,000 shares, accounting for 0.236% of the number of shares issued when the ordinary resolution was passed.
③ $ASYMCHEM (06821.HK)$On April 23, 327,300 A-shares were repurchased, involving an amount of $24.997 million. The repurchase price for each share ranged from $76.8 to $76.05.
④ $WUXI BIO (02269.HK)$On April 23, 1.905 million common shares were repurchased, involving an amount of HK$24.884,200, with a repurchase price of HK$13.32 to HK$12.92 per share.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 96.612 million shares, accounting for 2.274% of the number of shares issued when the ordinary resolution was passed.
⑤ $HSBC HOLDINGS (00005.HK)$2.892,100 common shares were repurchased on April 22, involving an amount of £19.184,200. The repurchase price for each share ranged from £6.68 to £6.53.
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.