② According to documents disclosed by HKEX on August 14th,$AIA (01299.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$AIA (01299.HK)$It repurchased 6.7286 million ordinary shares on August 13th, involving HKD 0.354 billion, with a repurchase price ranging from HKD 53.2 to HKD 52.3 per share.
Since the authorization of the repurchase resolution, the cumulative repurchased securities amount to 0.234 billion shares, accounting for 2.083% of the number of issued shares at the time of 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.$HSBC HOLDINGS (00005.HK)$It repurchased 3.1288 million ordinary shares on August 12th, involving HKD 0.201 billion, with a repurchase price ranging from HKD 64.45 to HKD 63.95 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.$SWIRE PACIFIC A (00019.HK)$It repurchased 0.443 million ordinary shares on August 13th, involving HKD 29.0352 million, with a repurchase price ranging from HKD 67.15 to HKD 64.9 per share.
Since the authorization of the repurchase resolution, the cumulative repurchased securities amount to 10.4955 million shares, accounting for 1.257% of the number of issued shares at the time of the ordinary resolution.
Asymchem Laboratories (06821.HK)$HANG SENG BANK (00011.HK)$It repurchased 0.228 million ordinary shares on August 13th, involving HKD 20.5143 million, with a repurchase price ranging from HKD 91.05 to HKD 89.45 per share.
Since the authorization of the repurchase resolution, the cumulative repurchased securities amount to 16.1466 million shares, accounting for 0.846% of the number of issued shares at the time of 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.$HSBC HOLDINGS (00005.HK)$It repurchased 2.0102 million ordinary shares on August 12th, involving GBP 12.9805 million, with a repurchase price ranging from GBP 6.48 to GBP 6.44 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.
