According to HKEx disclosure documents of May 21,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$2.54 million common shares were repurchased on May 20, involving an amount of HK$1,004 billion. The repurchase price for each share ranged from HK$399.8 to HK$393.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 3.59 million shares, accounting for 0.038% of the number of shares issued when the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On May 17, 3.192,400 common shares were repurchased, involving an amount of HK$218 million. The repurchase price for each share ranged from HK$68.8 to HK$67.85.
③ $HANG SENG BANK (00011.HK)$300,000 common shares were repurchased on May 20, involving an amount of HK$33.9773 million. The repurchase price for each share ranged from HK$114.4 to HK$111.5.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 2.4 million shares, accounting for 0.126% of the number of shares issued when the ordinary resolution was passed.
④ $HSBC HOLDINGS (00005.HK)$4,535,600 common shares were repurchased on May 17, involving an amount of £315.49 million. The repurchase price for each share ranged from £6.99 to £6.9.
⑤ $FLAT GLASS (06865.HK)$On May 17, 1,2361 thousand A-shares were repurchased, involving an amount of $29.966 million, with a repurchase price of $24.5 to $23.94 per share.
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.