According to HKEx's April 29 disclosure documents,$HANG SENG BANK (00011.HK)$,$SWIRE PACIFIC A (00019.HK)$Wait for the shares to be repurchased.
① $HANG SENG BANK (00011.HK)$600,000 common shares were repurchased on April 26, involving an amount of HK$6,1714,400. The repurchase price for each share ranged from HK$103.3 to HK$102.2.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) was 6.314 million shares, accounting for 0.33% of the number of shares issued when the ordinary resolution was passed.
② $SWIRE PACIFIC A (00019.HK)$On April 26, 260,000 common shares were repurchased, involving an amount of HK$16.7072 million, with a repurchase price of HK$65 to HK$63.35 per share.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 19.613 million shares, accounting for 2.289% of the number of shares issued when the ordinary resolution was passed.
③ $BYD COMPANY (01211.HK)$9171,000 A-shares were repurchased on April 26, involving an amount of $199 million. The repurchase price for each share ranged from $219.58 to $210.7.
④ $STANCHART (02888.HK)$1.774,600 common shares were repurchased on April 25, involving an amount of £8.040,700. The repurchase price for each share ranged from £6.9 to £6.79.
⑤ $ZHONGYU ENERGY (03633.HK)$On April 26, 1.5 million common shares were repurchased, involving an amount of HK$7.412,400. The repurchase price for each share ranged from HK$4.98 to HK$4.85.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 6.5 million shares, accounting for 0.023% 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.