According to HKEx's July 29 disclosure documents,$AIA (01299.HK)$,$MEITUAN-W (03690.HK)$Wait for the shares to be repurchased.
① $AIA (01299.HK)$8.23 million common shares were repurchased on July 26, involving an amount of HK$0.426 billion, with a repurchase price of HK$52.1 to HK$50.7 per share.
Since the repurchase authorization resolution, the cumulative number of repurchased securities was 0.165 billion shares, accounting for 1.469% of the number of shares issued when the ordinary resolution was passed.
② $MEITUAN-W (03690.HK)$On July 26, 3.483 million shares of the same share were repurchased, involving an amount of HK$0.374 billion. The repurchase price for each share ranged from HK$108.6 to HK$105.2.
Since the repurchase authorization resolution, the cumulative number of repurchased securities was 0.116 billion shares, accounting for 1.858% of the number of shares issued when the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$On July 25, 2.3 million common shares were repurchased, involving an amount of HK$0.152 billion, with a repurchase price of HK$66.95 to HK$65.9 per share.
④ $CNOOC (00883.HK)$4.889 million common shares were repurchased on July 26, involving an amount of HK$97.7028 million. The repurchase price for each share ranged from HK$20.45 to HK$19.74.
Since the repurchase authorization resolution, the cumulative number of repurchased securities was 16.366 million shares, accounting for 0.034% of the number of shares issued when the ordinary resolution was passed.
⑤ $GAC GROUP (02238.HK)$12.024 million H shares were repurchased on July 26, involving an amount of HK$34.9963 million. The repurchase price per share ranged from HK$2.94 to HK$2.88.
Since the repurchase authorization resolution, the cumulative number of repurchased securities was 91.328 million shares, accounting for 2.95% of the number of shares issued when the ordinary resolution was passed.
See the chart below for details on share repurchases of listed companies:
What is a stock buyback?
Stock repurchase refers to the act of a listed company using cash or the like to buy back a certain amount of shares issued by the company from the stock market. The company can cancel the repurchased shares after the share repurchase is completed. This will reduce the number of shares in circulation of enterprises, thereby achieving positive effects such as market value management, equity incentives, and stabilizing stock prices.