② According to the disclosure documents from the Hong Kong Stock Exchange on September 5th, $TENCENT (00700.HK)$,$MEITUAN-W (03690.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$TENCENT (00700.HK)$repurchased 2.69 million shares of ordinary shares on September 4, involving an amount of 1.003 billion Hong Kong dollars, with a repurchase price per share ranging from 376.4 Hong Kong dollars to 371.2 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of securities repurchased is 0.139 billion shares, accounting for 1.474% of the number of shares issued when 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.$MEITUAN-W (03690.HK)$On September 4, 4.207 million weighted voting right shares were repurchased, involving an amount of 0.498 billion Hong Kong dollars, with a repurchase price per share ranging from 119.9 Hong Kong dollars to 117.1 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of securities repurchased is 0.12 billion shares, accounting for 1.932% of the number of shares issued when the ordinary resolution was passed.
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.$HSBC HOLDINGS (00005.HK)$On September 3, 1.942 million ordinary shares were repurchased, involving an amount of 0.132 billion Hong Kong dollars, with a repurchase price per share ranging from 68.55 Hong Kong dollars to 67.85 Hong Kong dollars.
Asymchem Laboratories (06821.HK)$ANTA SPORTS (02020.HK)$On September 4th, the company repurchased 1.323 million ordinary shares, involving an amount of 99.8977 million Hong Kong dollars, with a repurchase price per share ranging from 76 Hong Kong dollars to 74.8 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 1.3898 million shares, accounting for 0.049% 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.$CNOOC (00883.HK)$On September 4th, the company repurchased 4.873 million ordinary shares, involving an amount of 97.3909 million Hong Kong dollars, with a repurchase price per share ranging from 20.4 Hong Kong dollars to 19.88 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 21.239 million shares, accounting for 0.045% 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.
