According to the document disclosed by hkex on July 19th,$MEITUAN-W (03690.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$MEITUAN-W (03690.HK)$It repurchased 4.1983 million weighted voting right stocks on July 18th, involving an amount of HKD 0.5 billion, with a repurchase price per share ranging from HKD 120 to HKD 116.8.
Since the authorization resolution for repurchase was passed, the accumulated number of securities repurchased is 88.0562 million shares, accounting for 1.412% of the number of shares issued upon approval 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.$HSBC HOLDINGS (00005.HK)$It repurchased 2.1648 million ordinary shares on July 17th, involving an amount of HKD 0.146 billion, with a repurchase price per share ranging from HKD 67.4 to HKD 67.05.
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.$AIA (01299.HK)$It repurchased 1.1668 million ordinary shares on July 18th, involving an amount of HKD 63.7113 million, with a repurchase price per share ranging from HKD 54.8 to HKD 54.25.
Since the authorization resolution for repurchase was passed, the accumulated number of securities repurchased is 0.129 billion shares, accounting for 1.146% of the number of shares issued upon approval of the ordinary resolution.
Asymchem Laboratories (06821.HK)$XIAOMI-W (01810.HK)$It repurchased 3 million weighted voting right stocks on July 18th, involving an amount of HKD 50.798 million, with a repurchase price per share ranging from HKD 17 to HKD 16.88.
Since the authorization resolution for repurchase was passed, the accumulated number of securities repurchased is 67.4138 million shares, accounting for 0.27% of the number of shares issued upon approval 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.$KUAISHOU-W (01024.HK)$It repurchased 0.6382 million weighted voting right stocks on July 18th, involving an amount of HKD 29.6951 million, with a repurchase price per share ranging from HKD 46.85 to HKD 46.2.
Since the authorization resolution for repurchase was passed, the accumulated number of securities repurchased is 11.6229 million shares, accounting for 0.268% of the number of shares issued upon approval 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.