③ According to the disclosure documents released by hkex on October 14th,$HSBC HOLDINGS (00005.HK)$,$AIA (01299.HK)$And so on to repurchase shares.
① $HSBC HOLDINGS (00005.HK)$purchased 5.968 million shares of common stocks on October 9th, involving an amount of 0.406 billion Hong Kong dollars, with a repurchase price ranging from 68.75 Hong Kong dollars to 67.4 Hong Kong dollars per share.
② $HSBC HOLDINGS (00005.HK)$On October 10th, the company repurchased 5.25 million shares of common stock, involving an amount of 0.359 billion Hong Kong dollars, with a repurchase price per share ranging from 68.75 Hong Kong dollars to 67.9 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 10th, the company repurchased 0.9036 million shares of common stock, involving an amount of 61.0733 million Hong Kong dollars, with a repurchase price per share ranging from 68.65 Hong Kong dollars to 66.5 Hong Kong dollars.
Since the authorization resolution for share buyback, the cumulative number of repurchased securities is 0.306 billion shares, accounting for 2.723% of the number of shares issued when the ordinary resolution was passed.
Asymchem Laboratories (06821.HK)$GOLDWIND (02208.HK)$On October 10, 3.0476 million shares of A shares were repurchased, involving an amount of 31.8404 million yuan, with the repurchase price per share ranging from 10.5 yuan to 10.39 yuan.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 38.9315 million shares, accounting for 1.13% of the 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.$GOLDWIND (02208.HK)$On October 11, 2.9967 million shares of A shares were repurchased, involving an amount of 29.7593 million yuan, with the repurchase price per share ranging from 10.2 yuan to 9.72 yuan.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 41.9282 million shares, accounting for 1.21% of the 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.
