According to the disclosure documents released by the Hong Kong Stock Exchange on September 9th,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
Please use your Futubull account to access the feature.$TENCENT (00700.HK)$On September 5th, they bought back 2.68 million ordinary shares, involving an amount of HKD 1 billion, with a repurchase price per share ranging from HKD 376.4 to HKD 370.4.
Since the share buyback authorization resolution, the cumulative number of securities repurchased is 0.142 billion shares, accounting for 1.502% of the number of shares issued 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 4th, 3.5424 million ordinary shares were repurchased, involving an amount of 0.237 billion Hong Kong dollars, with a repurchase price per share ranging from 67.25 Hong Kong dollars to 66.55 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.$HSBC HOLDINGS (00005.HK)$On September 5th, 2.5952 million ordinary shares were repurchased, involving an amount of 0.174 billion Hong Kong dollars, with a repurchase price per share ranging from 67.5 Hong Kong dollars to 66.95 Hong Kong dollars.
Asymchem Laboratories (06821.HK)$ANTA SPORTS (02020.HK)$On September 5th, the company repurchased 1.3326 million ordinary shares, involving an amount of 99.9586 million Hong Kong dollars, with a repurchase price per share ranging from 75.7 Hong Kong dollars to 74.25 Hong Kong dollars.
Since the authorization resolution for share buyback, the cumulative number of repurchased securities is 2.7224 million shares, accounting for 0.096% 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.$CNOOC (00883.HK)$On September 5th, the company repurchased 5 million ordinary shares, involving an amount of 99.0591 million Hong Kong dollars, with a repurchase price per share ranging from 19.88 Hong Kong dollars to 19.64 Hong Kong dollars.
Since the authorization resolution for share buyback, the cumulative number of repurchased securities is 26.239 million shares, accounting for 0.055% of the number of issued shares 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.