According to the disclosure document released by hkex on July 18th,$MEITUAN-W (03690.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$MEITUAN-W (03690.HK)$On July 17th, they repurchased 4.2123 million weighted voting right stocks, involving an amount of HKD 0.5 billion, with a repurchase price ranging from HKD 120 to 116.2 per share.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 83.8579 million shares, accounting for 1.345% of the number of shares issued 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.$HSBC HOLDINGS (00005.HK)$On July 16th, they repurchased 3.2468 million ordinary shares, involving an amount of HKD 0.218 billion, with a repurchase price ranging from HKD 67.35 to 67.1 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 17th, they repurchased 1.1726 million ordinary shares, involving an amount of HKD 63.5625 million, with a repurchase price ranging from HKD 54.6 to 53.65 per share.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.128 billion shares, accounting for 1.135% of the number of shares issued at the time of the ordinary resolution.
Asymchem Laboratories (06821.HK)$XIAOMI-W (01810.HK)$On July 17th, they repurchased 3 million weighted voting right stocks, involving an amount of HKD 50.5389 million, with a repurchase price ranging from HKD 16.88 to 16.82 per share.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 64.4138 million shares, accounting for 0.26% of the number of shares issued at the time of the 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 17th, they repurchased 0.6382 million weighted voting right stocks, involving an amount of HKD 29.8662 million, with a repurchase price ranging from HKD 47 to 46.5 per share.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 10.9847 million shares, accounting for 0.253% of the number of shares issued at the time of the 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.