② According to the disclosure document released by Hong Kong Exchanges and Clearing on October 10th,$TENCENT (00700.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
① $TENCENT (00700.HK)$repurchased 1.6 million shares of ordinary shares on October 9th, involving an amount of 0.703 billion Hong Kong dollars, with a repurchase price ranging from 450.4 Hong Kong dollars to 424 Hong Kong dollars per share.
Since the share buyback authorization resolution, the total number of repurchased securities is 0.178 billion shares, accounting for 1.887% of the number of shares issued at the time of the ordinary resolution passing.
② $HSBC HOLDINGS (00005.HK)$On October 8, repurchased 5.9476 million ordinary shares, involving an amount of 0.414 billion Hong Kong dollars, with a repurchase price per share ranging from 70.55 Hong Kong dollars to 68.3 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.$AIA (01299.HK)$On October 9, repurchased 1.01 million ordinary shares, involving an amount of 66.5137 million Hong Kong dollars, with a repurchase price per share ranging from 67.75 Hong Kong dollars to 63.9 Hong Kong dollars.
Since the share buyback authorization resolution, the total number of repurchased securities is 0.305 billion shares, accounting for 2.715% of the number of shares issued at the time of the ordinary resolution passing.
Asymchem Laboratories (06821.HK)$GOLDWIND (02208.HK)$Repurchased 5 million A-shares on October 9, involving an amount of 52.3662 million yuan, with a repurchase price per share ranging from 10.53 yuan to 10.25 yuan.
Since the share buyback authorization resolution, the total number of repurchased securities is 35.8839 million shares, accounting for 1.04% of the total number of shares issued 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.$SAMSONITE (01910.HK)$Repurchased 1.5264 million ordinary shares on October 9, involving an amount of 31.3355 million Hong Kong dollars, with a repurchase price per share ranging from 21.25 Hong Kong dollars to 19.86 Hong Kong dollars.
Since the share buyback authorization resolution, the total number of repurchased securities is 39.159 million shares, accounting for 2.68% of the total number of shares issued 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.
