According to the documents disclosed by hkex on June 7, $TENCENT (00700.HK)$, $HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$TENCENT (00700.HK)$Repurchased 2.62 million ordinary shares on June 6, involving HKD 1.004 billion, with a repurchase price per share ranging from HKD 390.8 to 379.2.
From the beginning of this year to the present (since the ordinary resolution was passed), the cumulative number of securities repurchased is 38.13 million shares, accounting for 0.405% of the number of issued shares at the time of the ordinary resolution.
Repurchased 3.394 million ordinary shares on May 31, involving an amount of HKD234 million, with a repurchase price per share ranging from HKD69.1 to HKD68.55.$HSBC HOLDINGS (00005.HK)$Repurchased 3.5 million ordinary shares on June 5, involving HKD 239 million, with a repurchase price per share ranging from HKD 68.75 to 67.85.
Repurchased 1 million ordinary shares on June 3, involving an amount of HKD60.6193 million, with a repurchase price per share ranging from HKD61.15 to HKD59.8.$AIA (01299.HK)$Repurchased 698,400 ordinary shares on June 6, involving HKD 41,232,700, with a repurchase price per share ranging from HKD 59.45 to 58.85.
From the beginning of this year to the present (since the ordinary resolution was passed), the cumulative number of securities repurchased is 43.5424 million shares, accounting for 0.388% of the number of issued shares at the time of the ordinary resolution.
Asymchem Laboratories (06821.HK)$ASYMCHEM (06821.HK)$Repurchased 460,400 A-shares on June 6, involving RMB 34.4425 million, with a repurchase price per share ranging from RMB 74.99 to 74.4.
Repurchased 2.8 million weighted voting right shares on June 3, involving an amount of HKD50.0474 million, with a repurchase price per share ranging from HKD17.94 to HKD17.82.$HSBC HOLDINGS (00005.HK)$Repurchased 4.9919 million ordinary shares on June 5, involving GBP 34.2509 million, with a repurchase price per share ranging from GBP 6.9 to 6.8.
Details of share buybacks by listed companies can be found in the figure below:
What is share buyback?
Share buyback refers to the behavior of listed companies using cash or other means to repurchase a certain amount of outstanding shares from the stock market. After the company completes the share buyback, it can cancel the repurchased shares. This will reduce the number of shares circulating outside the enterprise, thereby achieving positive effects such as market cap management, stock-based incentives, and stable stock prices.