According to HKEx's September 12 disclosure documents,$TENCENT (00700.HK)$,$MEITUAN-W (03690.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$2.72 million common shares were repurchased on September 11, involving an amount of HK$1.001 billion. The repurchase price for each share ranged from HK$370.6 to HK$365.2.
Since the repurchase authorization resolution, the cumulative number of repurchased securities was 0.15 billion shares, accounting for 1.589% of the number of shares issued when the ordinary resolution was passed.
② $MEITUAN-W (03690.HK)$On September 11, 4.2022 million shares of the same share were repurchased, involving an amount of HK$0.5 billion. The repurchase price for each share ranged from HK$119.8 to HK$116.7.
Since the repurchase authorization resolution, the cumulative number of repurchased securities was 0.137 billion shares, accounting for 2.201% of the number of shares issued when the ordinary resolution was passed.
③ $MEITUAN-W (03690.HK)$On September 5, 4.184 million shares of the same shares were repurchased, involving an amount of HK$0.498 billion. The repurchase price for each share ranged from HK$120 to HK$117.9.
Since the repurchase authorization resolution, the cumulative number of repurchased securities was 0.125 billion shares, accounting for 1.999% of the number of shares issued when the ordinary resolution was passed.
④ $AIA (01299.HK)$7.867 million common shares were repurchased on September 11, involving an amount of HK$0.417 billion. The repurchase price for each share ranged from HK$53.4 to HK$52.3.
Since the repurchase authorization resolution, the cumulative number of repurchased securities was 0.29 billion shares, accounting for 2.582% of the number of shares issued when the ordinary resolution was passed.
⑤ $HSBC HOLDINGS (00005.HK)$3.0862 million common shares were repurchased on September 10, involving an amount of HK$0.199 billion. The repurchase price for each share ranged from HK$67.7 to HK$6.49.
See the chart below for details on share repurchases of listed companies:
What is a stock buyback?
Stock repurchase refers to the act of a listed company using cash or the like to buy back a certain amount of shares issued by the company from the stock market. The company can cancel the repurchased shares after the share repurchase is completed. This will reduce the number of shares in circulation of enterprises, thereby achieving positive effects such as market value management, equity incentives, and stabilizing stock prices.