According to the documents disclosed by hkex on July 16th,$MEITUAN-W (03690.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$MEITUAN-W (03690.HK)$On July 15th, 4.1866 million weighted voting right stocks were repurchased, involving a total amount of HKD 0.5 billion, and the repurchase price per share ranged from HKD 120 to HKD 118.7.
Since the repurchase authorization resolution, the total number of securities repurchased is 75.3976 million shares, accounting for 1.209% of the number of issued shares at the time when the ordinary resolution was passed.
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.$HSBC HOLDINGS (00005.HK)$On July 12th, 2.9964 million ordinary shares were repurchased, involving a total amount of HKD 0.203 billion, and the repurchase price ranged from HKD 68 to HKD 67.55 per share.
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.$AIA (01299.HK)$On July 15th, 1.2 million ordinary shares were repurchased, involving a total amount of HKD 66.4014 million, and the repurchase price per share ranged from HKD 55.45 to HKD 55.15.
Since the repurchase authorization resolution, the total number of securities repurchased is 0.125 billion shares, accounting for 1.114% of the number of issued shares at the time when the ordinary resolution was passed.
Asymchem Laboratories (06821.HK)$XIAOMI-W (01810.HK)$On July 15th, 3 million weighted voting right stocks were repurchased, involving a total amount of HKD 49.4079 million, and the repurchase price per share ranged from HKD 16.5 to HKD 16.44.
Since the repurchase authorization resolution, the total number of securities repurchased is 58.4138 million shares, accounting for 0.23% of the number of issued shares at the time when the ordinary resolution was passed.
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.$CHINASOFT INT'L (00354.HK)$On July 15th, 10 million ordinary shares were repurchased, involving a total amount of HKD 43.4485 million, and the repurchase price per share ranged from HKD 4.37 to HKD 4.28.
Since the repurchase authorization resolution, the total number of securities repurchased is 71.864 million shares, accounting for 2.53% of the number of issued shares at the time when the ordinary resolution was passed.
Details of share buybacks by listed companies can be found in the figure below:
What is share buyback?
Share buyback refers to a behavior of listed companies using cash to repurchase a certain amount of outstanding shares on the stock market. After the share buyback, the company can cancel the repurchased shares. This will reduce the number of outstanding shares in circulation, thus achieving positive effects such as market cap management, stock-based incentive, and stable stock price.