② According to the documents disclosed by hkex on August 7th,$AIA (01299.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$AIA (01299.HK)$On August 6th, 8.029 million shares of common stock were repurchased, involving an amount of 0.417 billion Hong Kong dollars, with a repurchase price per share ranging from 52.9 Hong Kong dollars to 51.3 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 0.202 billion shares, accounting for 1.795% of the number of issued shares at the time 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.$HSBC HOLDINGS (00005.HK)$On August 5th, 4.75 million shares of common stock were repurchased, involving an amount of 0.298 billion Hong Kong dollars, with a repurchase price per share ranging from 63.8 Hong Kong dollars to 61.15 Hong Kong dollars.
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 5th, 4.6797 million shares of common stock were repurchased, involving an amount of 28.9867 million British pounds, with a repurchase price per share ranging from 6.27 British pounds to 6.11 British pounds.
Asymchem Laboratories (06821.HK)$HANG SENG BANK (00011.HK)$On August 6th, 0.2 million shares of common stock were repurchased, involving an amount of 17.9517 million Hong Kong dollars, with a repurchase price per share ranging from 91 Hong Kong dollars to 88.55 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 15.1186 million shares, accounting for 0.792% of the number of issued shares at the time 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.$SWIRE PACIFIC A (00019.HK)$On August 6th, 0.224 million shares of common stock were repurchased, involving an amount of 15.1389 million Hong Kong dollars, with a repurchase price per share ranging from 68.35 Hong Kong dollars to 66.15 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 9.426 million shares, accounting for 1.129% of the number of issued shares at the time 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.
