② According to the disclosure document of hkex on September 23rd.$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
① $TENCENT (00700.HK)$On September 20th, the company repurchased 2.58 million ordinary shares, involving an amount of 1.003 billion Hong Kong dollars, with a repurchase price per share ranging from 393 Hong Kong dollars to 383.8 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of securities repurchased is 0.166 billion shares, accounting for 1.757% 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.$HSBC HOLDINGS (00005.HK)$On September 19, 3.5296 million ordinary shares were repurchased, involving an amount of 0.242 billion Hong Kong dollars, with a repurchase price per share ranging from 68.85 Hong Kong dollars to 67.95 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.$SINOPEC CORP (00386.HK)$On September 20, 23.2 million H shares were repurchased, involving an amount of 0.105 billion Hong Kong dollars, with a repurchase price per share ranging from 4.57 Hong Kong dollars to 4.47 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of securities repurchased is 67.488 million shares, accounting for 0.06% of the number of shares issued when the ordinary resolution was passed.
Asymchem Laboratories (06821.HK)$AIA (01299.HK)$On September 20th, the company repurchased 1.125 million ordinary shares of common stock, involving an amount of 65.0939 million Hong Kong dollars, with a repurchase price per share ranging from 58 Hong Kong dollars to 56.9 Hong Kong dollars.
Since the authorization resolution for share buyback, the cumulative number of repurchased securities is 0.3 billion shares, accounting for 2.668% 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.$KUAISHOU-W (01024.HK)$On September 20th, the company repurchased 1.4778 million weighted voting right shares, involving an amount of 61.1701 million Hong Kong dollars, with a repurchase price per share ranging from 41.75 Hong Kong dollars to 40.75 Hong Kong dollars.
Since the authorization resolution for share buyback, the cumulative number of repurchased securities is 53.0969 million shares, accounting for 1.224% 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.