According to the document disclosed by HKEX on August 5th,$AIA (01299.HK)$,$HANG SENG BANK (00011.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$AIA (01299.HK)$It repurchased 8.025 million shares of common stock on August 2, involving an amount of 0.415 billion Hong Kong dollars, with a repurchase price per share ranging from 52.2 Hong Kong dollars to 51.25 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.186 billion shares, accounting for 1.656% of the number of issued shares at the time of 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.$HANG SENG BANK (00011.HK)$It repurchased 0.2 million shares of common stock on August 2, involving an amount of 18.1072 million Hong Kong dollars, with a repurchase price per share ranging from 91.45 Hong Kong dollars to 89.65 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 14.7186 million shares, accounting for 0.771% of the number of issued shares at the time of 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.$SWIRE PACIFIC A (00019.HK)$It repurchased 0.243 million shares of common stock on August 2, involving an amount of 16.1084 million Hong Kong dollars, with a repurchase price per share ranging from 67.5 Hong Kong dollars to 65.6 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 9.0325 million shares, accounting for 1.082% of the number of issued shares at the time of the ordinary resolution was passed.
Asymchem Laboratories (06821.HK)$STANCHART (02888.HK)$It repurchased 1.3488 million shares of common stock on August 1, involving an amount of 10.1701 million British pounds, with a repurchase price per share ranging from 7.72 British pounds to 7.42 British pounds.
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.$PRU (02378.HK)$It repurchased 0.8294 million shares of common stock on August 1, involving an amount of 5.6027 million British pounds, with a repurchase price per share ranging from 6.93 British pounds to 6.66 British pounds.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 15.4969 million shares, accounting for 0.563% of the number of issued shares at the time of 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.