According to documents disclosed by HKEX on August 6th,$AIA (01299.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$AIA (01299.HK)$On August 5th, the company repurchased 7.553 million ordinary shares, involving an amount of HKD 0.394 billion, with a repurchase price ranging from HKD 53.05 to HKD 50.1 per share.
Since the authorization resolution for repurchase, the cumulative number of securities repurchased is 0.194 billion shares, accounting for 1.723% of the total number of issued shares at the time of passing the ordinary 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.$HSBC HOLDINGS (00005.HK)$On August 2nd, the company repurchased 1.9628 million ordinary shares, involving an amount of HKD 0.129 billion, with a repurchase price ranging from HKD 66 to HKD 65.3 per share.
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 August 2nd, the company repurchased 3.8562 million ordinary shares, involving an amount of GBP 25.0583 million, with a repurchase price ranging from GBP 6.62 to GBP 6.34 per share.
Asymchem Laboratories (06821.HK)$HANG SENG BANK (00011.HK)$On August 5th, the company repurchased 0.2 million ordinary shares, involving an amount of HKD 17.7778 million, with a repurchase price ranging from HKD 89.95 to HKD 87.55 per share.
Since the authorization resolution for repurchase, the cumulative number of securities repurchased is 14.9186 million shares, accounting for 0.781% of the total number of issued shares at the time of passing the ordinary 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.$STANCHART (02888.HK)$On August 2nd, the company repurchased 1.8179 million ordinary shares, involving an amount of GBP 13.0424 million, with a repurchase price ranging from GBP 7.32 to GBP 6.77 per share.
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.