According to the disclosure documents filed by Hong Kong Exchanges and Clearing on August 27th,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$TENCENT (00700.HK)$repurchased 2.63 million shares of ordinary stocks on August 26, involving an amount of 1.001 billion Hong Kong dollars, with a repurchase price per share ranging from 384.4 Hong Kong dollars to 378 Hong Kong dollars.
Since the authorization of the share buyback resolution, the total number of repurchased securities is 0.12 billion shares, accounting for 1.277% of the number of issued shares at the time 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 23, 1.8264 million ordinary shares were repurchased, involving an amount of 0.122 billion Hong Kong dollars, with a repurchase price per share ranging from 66.95 Hong Kong dollars to 66.5 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 26, 1.1184 million ordinary shares were repurchased, involving an amount of 61.6743 million Hong Kong dollars, with a repurchase price per share ranging from 55.45 Hong Kong dollars to 54.8 Hong Kong dollars.
Since the authorization of the share buyback resolution, the total number of repurchased securities is 0.268 billion shares, accounting for 2.387% of the number of issued shares at the time the ordinary resolution was passed.
Asymchem Laboratories (06821.HK)$CSPC PHARMA (01093.HK)$On August 26, it bought back 6.22 million ordinary shares, involving an amount of HKD 29.7721 million, with a buyback price per share ranging from HKD 4.85 to HKD 4.74.
Since the authorization of the share buyback resolution, the cumulative number of repurchased securities is 54.94 million shares, accounting for 0.462% 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.$LIVZON PHARMA (01513.HK)$On August 26, it bought back 0.65 million A-share shares, involving an amount of CNY 22.6899 million, with a buyback price per share ranging from CNY 35.2 to CNY 34.61.
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.