According to HKEx disclosure documents on May 31st,$TENCENT (00700.HK)$,$AIA (01299.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$2.72 million common shares were repurchased on May 30, involving an amount of HK$1,003 billion. The repurchase price for each share ranged from HK$374 to HK$365.8.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 24.82 million shares, accounting for 0.264% of the number of shares issued when the ordinary resolution was passed.
② $AIA (01299.HK)$10.294 million common shares were repurchased on May 30, involving an amount of HK$618 million. The repurchase price for each share ranged from HK$60.95 to HK$59.55.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 22.604 million shares, accounting for 0.201% of the number of shares issued when the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$3.5 million common shares were repurchased on May 29, involving an amount of HK$240 million. The repurchase price for each share ranged from HK$68.65 to HK$68.3.
④ $XIAOMI-W (01810.HK)$On May 30, 2.8 million shares of the same share were repurchased, involving an amount of HK$495.625 million. The repurchase price for each share ranged from HK$17.74 to HK$17.62.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 282 million shares, accounting for 1.12% of the number of shares issued when the ordinary resolution was passed.
⑤ $HANG SENG BANK (00011.HK)$On May 30, 350,000 common shares were repurchased, involving an amount of HK$32.94 million. The repurchase price for each share ranged from HK$110.1 to HK$107.8.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 4.8047 million shares, accounting for 0.252% 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.