自回购授权决议以来，累计回购证券数目为1,135.35万股，占于普通决议案通过时已发行股份数目的0.355%。According to the disclosure documents from hkex on November 7th,$HSBC HOLDINGS (00005.HK)$,$COSCO SHIP HOLD (01919.HK)$And so on to repurchase shares.
① $HSBC HOLDINGS (00005.HK)$repurchased 3.7528 million shares of common stock on November 5th, involving 0.271 billion Hong Kong dollars, with a repurchase price per share ranging from 72.4 Hong Kong dollars to 72 Hong Kong dollars.
② $COSCO SHIP HOLD (01919.HK)$Repurchased 7.6695 million H shares on November 6, involving 94.3464 million Hong Kong dollars, with a repurchase price per share ranging from 12.64 Hong Kong dollars to 12.1 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 11.3535 million shares, accounting for 0.355% of the number of shares issued at the time of the ordinary resolution.
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.$AIA (01299.HK)$Repurchased 1.0136 million ordinary shares on November 6, involving 62.0939 million Hong Kong dollars, with a repurchase price per share ranging from 62.45 Hong Kong dollars to 60.45 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.324 billion shares, accounting for 2.882% of the number of shares issued at the time of the ordinary resolution.
Asymchem Laboratories (06821.HK)$SINOPEC CORP (00386.HK)$On November 6, the company repurchased 7.03 million A shares, involving an amount of 44.348 million yuan, with a repurchase price per share ranging from 6.35 yuan to 6.26 yuan.
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.$SINOPEC CORP (00386.HK)$On November 6, the company repurchased 6.166 million H shares, involving an amount of 27.0342 million Hong Kong dollars, with a repurchase price per share ranging from 4.47 Hong Kong dollars to 4.35 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 0.146 billion shares, accounting for 0.12% of the total number of shares issued at the time of the ordinary resolution passing.
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.
