② According to the disclosure documents released by the Hong Kong Stock Exchange on October 23,$AIA (01299.HK)$,$HSBC HOLDINGS (00005.HK)$And so on to repurchase shares.
① $AIA (01299.HK)$repurchased 1.004 million shares of common stocks on October 22, involving an amount of 61.9829 million Hong Kong dollars, with a repurchase price per share ranging from 62.3 Hong Kong dollars to 61.25 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 0.313 billion shares, accounting for 2.784% of the number of issued shares at the time of the ordinary resolution approval.
② $HSBC HOLDINGS (00005.HK)$On October 21, repurchased 0.8448 million ordinary shares, involving an amount of 57.9565 million Hong Kong dollars, with a repurchase price per share ranging from 68.8 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.$SWIRE PACIFIC A (00019.HK)$On October 22, repurchased 0.254 million ordinary shares, involving an amount of 16.4755 million Hong Kong dollars, with a repurchase price per share ranging from 65.4 Hong Kong dollars to 64.25 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 22.754 million shares, accounting for 2.725% of the number of issued shares at the time of the ordinary resolution approval.
Asymchem Laboratories (06821.HK)$STANCHART (02888.HK)$On October 21, stanchart repurchased 1.2249 million shares of common stock, involving an amount of 10.2999 million british pounds, with a repurchase price per share ranging from 8.44 british pounds to 8.35 british pounds.
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.$SWIREPROPERTIES (01972.HK)$On October 22, stanchart repurchased 0.6 million shares of common stock, involving an amount of 9.7768 million hong kong dollars, with a repurchase price per share ranging from 16.42 hong kong dollars to 16.16 hong kong dollars.
Since the share buyback authorization resolution, the total number of repurchased securities is 18.9786 million shares, accounting for 0.324% of the number of shares issued 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.
