According to the Hong Kong Stock Exchange's April 25 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 23, 1,285,200 common shares were repurchased, involving an amount of HK$82.6392 million. The repurchase price per share ranged from HK$64.65 to HK$64.05.
② $HANG SENG BANK (00011.HK)$600,000 common shares were repurchased on April 24, involving an amount of HK$597.95 million. The repurchase price for each share ranged from HK$100.3 to HK$98.65.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 5.114 million shares, accounting for 0.268% of the number of shares issued when the ordinary resolution was passed.
③ $ASYMCHEM (06821.HK)$906,200 A-shares were repurchased on April 24, involving an amount of $69.7541 million. The repurchase price for each share ranged from $77.58 to $7553.
④ $SWIRE PACIFIC A (00019.HK)$On April 24, 228,000 common shares were repurchased, involving an amount of HK$14.2387 million. The repurchase price for each share ranged from HK$62.95 to HK$61.5.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 19.137 million shares, accounting for 2.234% of the number of shares issued when the ordinary resolution was passed.
⑤ $ZHONGYU ENERGY (03633.HK)$On April 24, 2 million common shares were repurchased, involving an amount of HK$9.941 million. The repurchase price for each share ranged from HK$5 to HK$4.9.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 3.5 million shares, accounting for 0.013% 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.