② According to the documents disclosed by hkex on August 23rd,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$TENCENT (00700.HK)$purchased 2.67 million shares of common stock on August 22, involving an amount of 1 billion Hong Kong dollars, with a repurchase price per share ranging from 377.8 Hong Kong dollars to 371.2 Hong Kong dollars.
Since the share buyback authorization resolution, the total number of repurchased securities is 0.115 billion shares, accounting for 1.221% 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.$HSBC HOLDINGS (00005.HK)$On August 21, a total of 1.3028 million ordinary shares were repurchased, involving an amount of 86.0256 million Hong Kong dollars, with a repurchase price per share ranging from 66.2 Hong Kong dollars to 65.65 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.$AIA (01299.HK)$On August 22, a total of 1.2118 million ordinary shares were repurchased, involving an amount of 64.9338 million Hong Kong dollars, with a repurchase price per share ranging from 54.35 Hong Kong dollars to 51.4 Hong Kong dollars.
Since the share buyback authorization resolution, the total number of repurchased securities is 0.266 billion shares, accounting for 2.367% of the number of issued shares at the time of the ordinary resolution.
Asymchem Laboratories (06821.HK)$CSPC PHARMA (01093.HK)$On August 22, a total of 6.07 million ordinary shares were repurchased, involving an amount of 29.8157 million Hong Kong dollars, with a repurchase price per share ranging from 4.99 Hong Kong dollars to 4.83 Hong Kong dollars.
Since the authorization resolution for the share buyback, the cumulative number of repurchased securities is 42.42 million shares, accounting for 0.357% 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.$HSBC HOLDINGS (00005.HK)$On August 21, a total of 3.1987 million ordinary shares were repurchased, involving an amount of 20.9183 million British pounds, with a repurchase price per share ranging from 6.57 British pounds to 6.5 British pounds.
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.
