According to HKEx's April 30 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)$680,000 common shares were repurchased on April 29, involving an amount of HK$71.0297 million. The repurchase price for each share ranged from HK$104.9 to HK$102.8.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 6.994 million shares, accounting for 0.366% of the number of shares issued when the ordinary resolution was passed.
② $SWIRE PACIFIC A (00019.HK)$285,000 common shares were repurchased on April 29, involving an amount of HK$18.6765 million. The repurchase price for each share ranged from HK$65.95 to HK$65.2.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 19.898 million shares, accounting for 2.322% of the number of shares issued when the ordinary resolution was passed.
③ $JIANGXI COPPER (00358.HK)$On April 29, 480,000 A-shares were repurchased, involving an amount of $12.3871 million, with a repurchase price of between $26 and $25.31 per share.
④ $SIMCERE PHARMA (02096.HK)$On April 29, 1,654 million common shares were repurchased, involving an amount of HK$8.922,200. The repurchase price for each share ranged from HK$5.44 to HK$5.37.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 96.456 million shares, accounting for 3.621% of the number of shares issued when the ordinary resolution was passed.
⑤ $STANCHART (02888.HK)$On April 26, 1.1531 million common shares were repurchased, involving an amount of £7.89,600. The repurchase price for each share ranged from £6.89 to £6.8.
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.