自回购授权决议以来，累计回购证券数目为3.25亿股，占于普通决议案通过时已发行股份数目的2.891%。According to the disclosure documents released by HKEX on November 8th,$HSBC HOLDINGS (00005.HK)$,$AIA (01299.HK)$And so on to repurchase shares.
① $HSBC HOLDINGS (00005.HK)$On November 6th, 4.754 million ordinary shares were repurchased, involving an amount of 0.342 billion Hong Kong dollars, with a repurchase price per share ranging from 72.55 Hong Kong dollars to 71.6 Hong Kong dollars.
② $AIA (01299.HK)$On November 7, the company repurchased 1.0016 million ordinary shares, involving an amount of 61.8322 million Hong Kong dollars, with a repurchase price per share ranging from 62.25 Hong Kong dollars to 60.75 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of securities repurchased is 0.325 billion shares, accounting for 2.891% 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.$SINOPEC CORP (00386.HK)$On November 7, the company repurchased 6.1267 million A-shares, involving an amount of 38.6674 million yuan, with a repurchase price per share ranging from 6.35 yuan to 6.25 yuan.
Asymchem Laboratories (06821.HK)$COSCO SHIP HOLD (01919.HK)$On November 7, the company repurchased 2.9765 million H shares, involving an amount of 36.025 million Hong Kong dollars, with a repurchase price per share ranging from 12.26 HKD to 11.92 HKD.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 14.33 million shares, accounting for 0.448% of the total number of issued shares 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.$HSBC HOLDINGS (00005.HK)$On November 6, the company repurchased 2.8936 million common shares, involving an amount of 20.9746 million British pounds, with a repurchase price per share ranging from 7.3 GBP to 7.2 GBP.
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.
