According to documents disclosed by hkex on July 30th,$AIA (01299.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$AIA (01299.HK)$Repurchased 4.0028 million shares of common stock on July 29th, involving HKD 0.211 billion, with a repurchase price per share ranging from HKD 53.25 to 52.2.
Since the repurchase authorization resolution, the total number of repurchased securities is 0.169 billion shares, accounting for 1.504% 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.$HSBC HOLDINGS (00005.HK)$Repurchased 1.75 million shares of common stock on July 26th, involving HKD 0.116 billion, with a repurchase price per share ranging from HKD 66.4 to 65.95.
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.$LUYUAN GP HLDG (02451.HK)$Repurchased 4 million shares of common stock on July 29th, involving HKD 23.1243 million, with a repurchase price per share ranging from HKD 5.8 to 5.74.
Since the repurchase authorization resolution, the total number of repurchased securities is 14.23 million shares, accounting for 3.335% of the number of shares issued when the ordinary resolution was passed.
Asymchem Laboratories (06821.HK)$JXR (01951.HK)$Repurchased 9 million shares of common stock on July 29th, involving HKD 21.8448 million, with a repurchase price per share ranging from HKD 2.47 to 2.37.
Since the repurchase authorization resolution, the total number of repurchased securities is 9 million shares, accounting for 0.326% 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.$HANG SENG BANK (00011.HK)$Repurchased 0.2 million shares of common stock on July 29th, involving HKD 20.6515 million, with a repurchase price per share ranging from HKD 104.3 to 101.5.
Since the repurchase authorization resolution, the total number of repurchased securities is 13.9186 million shares, accounting for 0.729% 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.