According to the disclosure documents of hkex on July 22nd,$MEITUAN-W (03690.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$MEITUAN-W (03690.HK)$On July 19th, the company repurchased 4.2329 million weighted voting right stocks, involving a total amount of HK$0.5 billion, and the repurchase price per share ranged from HK$119.2 to HK$117.1.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 92.2891 million shares, accounting for 1.48% of the number of issued shares at the time of the ordinary resolution passed.
Repurchased 3.394 million ordinary shares on May 31, involving an amount of HKD234 million, with a repurchase price per share ranging from HKD69.1 to HKD68.55.$HSBC HOLDINGS (00005.HK)$On July 18th, the company repurchased 3.0012 million ordinary shares, involving a total amount of HK$0.204 billion, and the repurchase price per share ranged from HK$68.15 to HK$67.4.
Repurchased 1 million ordinary shares on June 3, involving an amount of HKD60.6193 million, with a repurchase price per share ranging from HKD61.15 to HKD59.8.$AIA (01299.HK)$On July 19th, the company repurchased 2.904 million ordinary shares, involving a total amount of HK$0.156 billion, and the repurchase price per share ranged from HK$54.2 to HK$53.15.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.132 billion shares, accounting for 1.172% of the number of issued shares at the time of the ordinary resolution passed.
Asymchem Laboratories (06821.HK)$CNOOC (00883.HK)$On July 19th, the company repurchased 4.83 million ordinary shares, involving a total amount of HK$99.1997 million, and the repurchase price per share ranged from HK$20.7 to HK$20.35.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 4.83 million shares, accounting for 0.01% of the number of issued shares at the time of the ordinary resolution passed.
Repurchased 2.8 million weighted voting right shares on June 3, involving an amount of HKD50.0474 million, with a repurchase price per share ranging from HKD17.94 to HKD17.82.$XIAOMI-W (01810.HK)$On July 19th, the company repurchased 3 million weighted voting right stocks, involving a total amount of HK$49.6396 million, and the repurchase price per share ranged from HK$16.58 to HK$16.52.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 70.4138 million shares, accounting for 0.28% of the number of issued shares at the time of the ordinary resolution 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.