According to the documents disclosed by HKEX on July 24th,$MEITUAN-W (03690.HK)$,$AIA (01299.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$MEITUAN-W (03690.HK)$On July 23rd, repurchased 7.015 million weighted voting right stocks, involving HKD 0.832 billion, with repurchase price ranging from HKD 120.1 to HKD 117.3 per share.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 0.101 billion shares, accounting for 1.616% of the number of shares issued at the time of the general 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.$AIA (01299.HK)$On July 23rd, repurchased 7.758 million common shares, involving HKD 0.418 billion, with a repurchase price ranging from HKD 54.9 to HKD 53.65 per share.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 0.141 billion shares, accounting for 1.252% of the number of shares issued at the time of the general resolution.
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.$HSBC HOLDINGS (00005.HK)$On July 22nd, repurchased 2.5 million common shares, involving HKD 0.167 billion, with a repurchase price ranging from HKD 67.15 to HKD 66.1 per share.
Asymchem Laboratories (06821.HK)$HANG SENG BANK (00011.HK)$On July 23rd, repurchased 0.2 million common shares, involving HKD 20.2871 million, with a repurchase price ranging from HKD 101.9 to HKD 100.8 per share.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 13.1186 million shares, accounting for 0.687% of the number of shares issued at the time of the general 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.$GAC GROUP (02238.HK)$On July 23rd, repurchased 6.988 million H shares, involving HKD 20.0024 million, with a repurchase price ranging from HKD 2.89 to HKD 2.84 per share.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 65.268 million shares, accounting for 2.11% of the number of shares issued at the time of the general 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.