② According to the disclosure document released by hkex on September 25th,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
① $TENCENT (00700.HK)$on September 24th, they repurchased 2.53 million shares of common stocks, involving an amount of 1.002 billion Hong Kong dollars, with the repurchase price per share ranging from 402.2 Hong Kong dollars to 389.6 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 0.171 billion shares, accounting for 1.811% 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 23, 3.6228 million shares of common shares were repurchased, involving an amount of 0.25 billion Hong Kong dollars, with a repurchase price per share ranging from 69.4 Hong Kong dollars to 68.8 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.$WUXI BIO (02269.HK)$On September 24, 3.326 million shares of common shares were repurchased, involving an amount of 42.5496 million Hong Kong dollars, with a repurchase price per share ranging from 12.82 Hong Kong dollars to 12.68 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 42.373 million shares, accounting for 1.021% of the number of shares issued at the time of the ordinary resolution.
Asymchem Laboratories (06821.HK)$SINOPEC CORP (00386.HK)$On September 24, the company repurchased 7.8 million H shares, involving an amount of 36.4845 million Hong Kong dollars, with a repurchase price per share ranging from 4.71 Hong Kong dollars to 4.64 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 86.192 million shares, accounting for 0.07% of the total number of issued shares when the ordinary resolution was passed.
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 24, the company repurchased 0.5626 million ordinary shares, involving an amount of 33.3085 million Hong Kong dollars, with a repurchase price per share ranging from 59.3 Hong Kong dollars to 58.9 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 0.301 billion shares, accounting for 2.683% of the total number of issued shares when the ordinary resolution was passed.
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.
