自回购授权决议以来，累计回购证券数目为1.11亿股，占于普通决议案通过时已发行股份数目的0.09%。According to the disclosure documents filed by the Hong Kong Stock Exchange on September 30th, $HSBC HOLDINGS (00005.HK)$,$SINOPEC CORP (00386.HK)$And so on to repurchase shares.
① $HSBC HOLDINGS (00005.HK)$repurchased 3.8616 million shares of common stocks on September 26th, involving an amount of 0.269 billion Hong Kong dollars, with the buyback price ranging from 70 Hong Kong dollars to 69.2 Hong Kong dollars per share.
② $SINOPEC CORP (00386.HK)$On September 27, bought back 25 million H shares, involving an amount of 0.12 billion Hong Kong dollars, with the repurchase price ranging from 4.89 Hong Kong dollars to 4.71 Hong Kong dollars per share.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 0.111 billion shares, accounting for 0.09% 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 26, bought back 5.7071 million ordinary shares, involving an amount of 38.7182 million British pounds, with the repurchase price ranging from 6.82 British pounds to 6.73 British pounds per share.
Asymchem Laboratories (06821.HK)$SWIRE PACIFIC A (00019.HK)$On 27th September, the company repurchased 0.385 million shares of common stocks, involving an amount of 25.407 million Hong Kong dollars, with a repurchase price per share ranging from 66.65 Hong Kong dollars to 65 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of securities repurchased is 17.8695 million shares, accounting for 2.14% of the total number of shares issued at the time of the ordinary resolution approval.
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.$STANCHART (02888.HK)$On 26th September, the company repurchased 1.7682 million shares of common stocks, involving an amount of 14.0852 million British pounds, with a repurchase price per share ranging from 8.06 British pounds to 7.76 British pounds.
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.