According to HKEx disclosure documents of May 13,$HSBC HOLDINGS (00005.HK)$,$HANG SENG BANK (00011.HK)$Wait for the shares to be repurchased.
① $HSBC HOLDINGS (00005.HK)$3.2 million common shares were repurchased on May 9, involving an amount of HK$218 million. The repurchase price for each share ranged from HK$68.5 to HK$6755.
② $HANG SENG BANK (00011.HK)$On May 10, 300,000 common shares were repurchased, involving an amount of HK$32.3702 million. The repurchase price for each share ranged from HK$109.1 to HK$106.3.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 900,000 shares, accounting for 0.047% of the number of shares issued when the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$On May 9, 3,9559 million common shares were repurchased, involving an amount of £27.445,700, and the repurchase price per share ranged from £6.99 to £6.91.
④ $MGM CHINA (02282.HK)$On May 10, 1.5 million common shares were repurchased, involving an amount of HK$21.281 million, with a repurchase price of HK$14.74 to HK$14.48 per share.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 11.0591 million shares, accounting for 0.29% of the number of shares issued when the ordinary resolution was passed.
⑤ $SWIRE PACIFIC A (00019.HK)$249,000 common shares were repurchased on May 10, involving an amount of HK$17.70,700. The repurchase price for each share ranged from HK$69.35 to HK$68.3.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 337,500 shares, accounting for 0.04% 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.