According to documents disclosed by HKEX on July 17th,$MEITUAN-W (03690.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$MEITUAN-W (03690.HK)$On July 16th, it repurchased 4.248 million weighted voting right stocks with an amount of HKD 0.5 billion, and the repurchase price per share ranged from HKD 118.7 to HKD 116.7.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 79.6456 million shares, accounting for 1.277% of the number of shares issued at the time of 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.$HSBC HOLDINGS (00005.HK)$On July 15th, it repurchased 2.6748 million ordinary shares with an amount of HKD 0.181 billion, and the repurchase price per share ranged from HKD 67.75 to HKD 67.2.
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 16th, it repurchased 1.2 million ordinary shares with an amount of HKD 64.5789 million, and the repurchase price per share ranged from HKD 54.6 to HKD 53.45.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 0.126 billion shares, accounting for 1.125% of the number of shares issued at the time of ordinary resolution.
Asymchem Laboratories (06821.HK)$XIAOMI-W (01810.HK)$On July 16th, it repurchased 3 million weighted voting right stocks with an amount of HKD 49.0613 million, and the repurchase price per share ranged from HKD 16.4 to HKD 16.3.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 61.4138 million shares, accounting for 0.25% of the number of shares issued at the time of ordinary resolution.
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.$KUAISHOU-W (01024.HK)$On July 16th, it repurchased 0.6382 million weighted voting right stocks with an amount of HKD 29.5168 million, and the repurchase price per share ranged from HKD 46.4 to HKD 46.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 10.3465 million shares, accounting for 0.239% of the number of shares issued at the time of ordinary resolution.
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.