② According to the disclosure document released by Hong Kong Exchanges and Clearing Limited on August 26th,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$TENCENT (00700.HK)$it repurchased 2.66 million ordinary shares on August 23rd, involving an amount of 1.002 billion Hong Kong dollars, with a repurchase price per share ranging from 378.4 Hong Kong dollars to 373.6 Hong Kong dollars.
Since the share repurchase authorization resolution, the total number of repurchased securities is 0.118 billion shares, accounting for 1.249% of the number of shares issued at the time of the ordinary resolution being 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 22, repurchased 1.6392 million shares of ordinary shares, involving an amount of 0.109 billion Hong Kong dollars, with a repurchase price per share ranging from 66.75 Hong Kong dollars to 66.25 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 23, repurchased 1.15 million shares of ordinary shares, involving an amount of 62.7823 million Hong Kong dollars, with a repurchase price per share ranging from 54.95 Hong Kong dollars to 54.1 Hong Kong dollars.
Since the share repurchase authorization resolution, the total number of repurchased securities is 0.267 billion shares, accounting for 2.377% of the number of shares issued at the time of the ordinary resolution being passed.
Asymchem Laboratories (06821.HK)$KUAISHOU-W (01024.HK)$On August 23, buy back 1.4506 million shares of weighted voting right stocks, involving an amount of 58.6289 million Hong Kong dollars, and the repurchase price per share is between 40.95 Hong Kong dollars and 39.2 Hong Kong dollars.
Since the authorization of the buyback resolution, the cumulative number of securities repurchased is 31.787 million shares, accounting for 0.733% of the number of issued shares at the time 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.$CSPC PHARMA (01093.HK)$On August 23, buy back 6.3 million shares of ordinary shares, involving an amount of 29.8 million Hong Kong dollars, and the repurchase price per share is between 4.79 Hong Kong dollars and 4.69 Hong Kong dollars.
Since the authorization of the buyback resolution, the cumulative number of securities repurchased is 48.72 million shares, accounting for 0.41% of the number of issued shares at the time 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.
