According to HKEx disclosure documents on May 29,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$2.63 million common shares were repurchased on May 28, involving an amount of HK$1,003 billion. The repurchase price for each share ranged from HK$385.8 to HK$374.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 19.42 million shares, accounting for 0.206% of the number of shares issued when the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On May 27, 1,9072 million common shares were repurchased, involving an amount of HK$132 million. The repurchase price for each share ranged from HK$69.3 to HK$69.
③ $HANG SENG BANK (00011.HK)$On May 28, 300,000 common shares were repurchased, involving an amount of HK$33.9746 million. The repurchase price for each share ranged from HK$114.3 to HK$112.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 4.2 million shares, accounting for 0.22% of the number of shares issued when the ordinary resolution was passed.
④ $AIA (01299.HK)$250,000 common shares were repurchased on May 28, involving an amount of HK$15.385,900, with a repurchase price of HK$61.85 to HK$60.95 per share.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 760,000 shares, accounting for 0.007% of the number of shares issued when the ordinary resolution was passed.
⑤ $JF WEALTH (09636.HK)$944,500 common shares were repurchased on May 28, involving an amount of HK$11.821 million. The repurchase price for each share ranged from HK$12.58 to HK$12.2.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 12.4695 million shares, accounting for 2.675% 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.