According to the disclosure documents released by HKEX on September 4th,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$TENCENT (00700.HK)$purchased 2.65 million ordinary shares on September 3rd, involving an amount of 1.003 billion Hong Kong dollars, with a repurchase price ranging from 381.2 Hong Kong dollars to 374.8 Hong Kong dollars per share.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 0.136 billion shares, accounting for 1.445% of the 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 September 2nd, 4.1744 million ordinary shares were repurchased, involving an amount of 0.284 billion Hong Kong dollars, with a repurchase price per share ranging from 68.35 Hong Kong dollars to 67.9 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.$KUAISHOU-W (01024.HK)$On September 3rd, 2.5776 million weighted voting right stocks were repurchased, involving an amount of 99.8918 million Hong Kong dollars, with a repurchase price per share ranging from 39.45 Hong Kong dollars to 38.45 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 40.309 million shares, accounting for 0.929% of the issued shares at the time of the ordinary resolution.
Asymchem Laboratories (06821.HK)$WUXI BIO (02269.HK)$On September 3, repurchased 5.43 million ordinary shares, involving an amount of 59.8717 million Hong Kong dollars, with a repurchase price per share ranging from 11.28 Hong Kong dollars to 10.88 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 10.91 million shares, accounting for 0.263% of the number of shares issued 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.$AIA (01299.HK)$On September 3, repurchased 1.0842 million ordinary shares, involving an amount of 59.4344 million Hong Kong dollars, with a repurchase price per share ranging from 55.25 Hong Kong dollars to 54.6 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 0.275 billion shares, accounting for 2.447% of the number of shares issued at the time of the ordinary resolution.
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.