According to the documents disclosed by hkex on July 26,$MEITUAN-W (03690.HK)$,$AIA (01299.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$MEITUAN-W (03690.HK)$On July 25, the company repurchased 4.6 million weighted voting right stocks, involving an amount of HKD 0.495 billion, with a repurchase price per share ranging from HKD 111.4 to HKD 106.3.
Since the repurchase authorization resolution, the cumulative amount of securities repurchased is 0.112 billion shares, accounting for 1.802% of the number of shares issued when the ordinary resolution was 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.$AIA (01299.HK)$On July 25, the company repurchased 8.179 million ordinary shares, involving an amount of HKD 0.419 billion, with a repurchase price per share ranging from HKD 51.8 to HKD 50.85.
Since the repurchase authorization resolution, the cumulative amount of securities repurchased is 0.157 billion shares, accounting for 1.395% of the number of shares issued when the ordinary resolution was passed.
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 24, the company repurchased 2.5 million ordinary shares, involving an amount of HKD 0.167 billion, with a repurchase price per share ranging from HKD 67.05 to HKD 66.4.
Asymchem Laboratories (06821.HK)$CNOOC (00883.HK)$On July 25, the company repurchased 4.878 million ordinary shares, involving an amount of HKD 98.0982 million, with a repurchase price per share ranging from HKD 20.5 to HKD 19.68.
Since the repurchase authorization resolution, the cumulative amount of securities repurchased is 11.477 million shares, accounting for 0.024% of the number of shares issued when the ordinary resolution was 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.$GAC GROUP (02238.HK)$On July 25, the company repurchased 8.748 million listed in hong kong shares, involving an amount of HKD 24.9973 million, with a repurchase price per share ranging from HKD 2.88 to HKD 2.82.
Since the repurchase authorization resolution, the cumulative amount of securities repurchased is 79.304 million shares, accounting for 2.56% of the number of shares issued when the ordinary resolution was 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.