According to the Hong Kong Stock Exchange disclosure documents of June 5,$TENCENT (00700.HK)$,$AIA (01299.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$2.66 million common shares were repurchased on June 4, involving an amount of HK$1,004 billion. The repurchase price for each share ranged from HK$379.2 to HK$374.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 32.89 million shares, accounting for 0.349% of the number of shares issued when the ordinary resolution was passed.
② $AIA (01299.HK)$4.3 million common shares were repurchased on June 4, involving an amount of HK$254 million. The repurchase price for each share ranged from HK$59.95 to HK$58.55.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 37.814 million shares, accounting for 0.337% 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 June 3, involving an amount of HK$243 million. The repurchase price for each share ranged from HK$69.75 to HK$69.25.
④ $XIAOMI-W (01810.HK)$On June 4, 2.8 million shares of the same share were repurchased, involving an amount of HK$49.9096 million. The repurchase price for each share ranged from HK$17.88 to HK$17.76.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 290 million shares, accounting for 1.16% of the number of shares issued when the ordinary resolution was passed.
⑤ $HANG SENG BANK (00011.HK)$On June 4, 300,000 common shares were repurchased, involving an amount of HK$32.916,800. The repurchase price for each share ranged from HK$110.4 to HK$108.6.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 5.7047 million shares, accounting for 0.299% 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.