According to documents disclosed by the Hong Kong Stock Exchange on May 6,$HANG SENG BANK (00011.HK)$,$SWIRE PACIFIC A (00019.HK)$Wait for the shares to be repurchased.
① $HANG SENG BANK (00011.HK)$400,000 common shares were repurchased on May 3, involving an amount of HK$42.1266 million. The repurchase price for each share ranged from HK$106.2 to HK$104.6.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 8.384 million shares, accounting for 0.439% of the number of shares issued when the ordinary resolution was passed.
② $SWIRE PACIFIC A (00019.HK)$395,000 common shares were repurchased on May 3, involving an amount of HK$26.626,600. The repurchase price for each share ranged from HK$68.3 to HK$66.5.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 20.778,500 shares, accounting for 2.425% of the number of shares issued when the ordinary resolution was passed.
③ $JF WEALTH (09636.HK)$475,500 common shares were repurchased on May 3, involving an amount of HK$5.4082 million. The repurchase price per share ranged from HK$11.42 to HK$11.3.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 8.973 million shares, accounting for 1.925% of the number of shares issued when the ordinary resolution was passed.
④ $YUM CHINA (09987.HK)$16,400 common shares were repurchased on May 2, involving an amount of HK$4.6952 million. The repurchase price for each share ranged from HK$288.8 to HK$279.6.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 2.904,800 shares, accounting for 0.7% of the number of shares issued when the ordinary resolution was passed.
⑤ $YUM CHINA (09987.HK)$15,900 common shares were repurchased on May 3, involving an amount of HK$4.698 million. The repurchase price for each share ranged from HK$298.6 to HK$291.2.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 2,9207 million shares, accounting for 0.7% 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.