According to HKEx's May 20 disclosure documents,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$1.05 million common shares were repurchased on May 17, involving an amount of HK$415 million. The repurchase price for each share ranged from HK$395 to HK$394.4.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 1.05 million shares, accounting for 0.011% of the number of shares issued when the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On May 16, 3.1096 million common shares were repurchased, involving an amount of HK$217 million. The repurchase price for each share ranged from HK$70.05 to HK$69.4.
③ $PHARMARON (03759.HK)$5.826,500 A-shares were repurchased on May 17, involving an amount of $128 million. The repurchase price per share ranged from $22.27 to $21.79.
④ $HANG SENG BANK (00011.HK)$On May 17, 300,000 common shares were repurchased, involving an amount of HK$33.5961 million. The repurchase price per share ranged from HK$113 to HK$110.7.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 2.1 million shares, accounting for 0.11% of the number of shares issued when the ordinary resolution was passed.
⑤ $HSBC HOLDINGS (00005.HK)$2.994 million common shares were repurchased on May 16, involving an amount of £21.881 million. The repurchase price per share ranged from £7.15 to £6.9.
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.