According to HKEx disclosure documents of May 17,$HANG SENG BANK (00011.HK)$,$MGM CHINA (02282.HK)$Wait for the shares to be repurchased.
① $HANG SENG BANK (00011.HK)$On May 16, 300,000 common shares were repurchased, involving an amount of HK$32.912,600. The repurchase price for each share ranged from HK$111.7 to HK$107.7.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 1.8 million shares, accounting for 0.094% of the number of shares issued when the ordinary resolution was passed.
② $MGM CHINA (02282.HK)$On May 16, 1.5 million common shares were repurchased, involving an amount of HK$22.615,500. The repurchase price for each share ranged from HK$15.1 to HK$14.74.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 14.0591 million shares, accounting for 0.369% of the number of shares issued when the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$On May 15, 3.3323 million common shares were repurchased, involving an amount of £23.503,500, with repurchase prices ranging from £7.1 to £7.02 per share.
④ $SWIRE PACIFIC A (00019.HK)$304,000 common shares were repurchased on May 16, involving an amount of HK$21.674 million. The repurchase price for each share ranged from HK$70 to HK$68.75.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 1,254,500 shares, accounting for 0.149% of the number of shares issued when the ordinary resolution was passed.
⑤ $AIA (01299.HK)$250,000 common shares were repurchased on May 16, involving an amount of HK$15.787 million, with a repurchase price of HK$64.05 to HK$62.15 per share.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 368 million shares, accounting for 3.163% 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.