According to documents disclosed by the hkex on November 14,$HSBC HOLDINGS (00005.HK)$、$AIA (01299.HK)$And so on to repurchase shares.
① $HSBC HOLDINGS (00005.HK)$On November 12, 4.514 million ordinary shares were repurchased for an amount of 0.315 billion Hong Kong dollars, with the buyback price ranging from 70.3 to 69.45 Hong Kong dollars.
② $AIA (01299.HK)$On November 13, a total of 1.0538 million ordinary shares were repurchased, involving an amount of 61.8557 million hong kong dollars, with a repurchase price ranging from 59.05 hong kong dollars to 58.2 hong kong dollars per share.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.329 billion shares, accounting for 2.927% of the number of shares issued at the time of the ordinary resolution's approval.
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 13, a total of 6.8594 million A-shares were repurchased, involving an amount of 42.7587 million yuan, with a repurchase price ranging from 6.25 yuan to 6.18 yuan per share.
Asymchem Laboratories (06821.HK)$HSBC HOLDINGS (00005.HK)$On November 12, repurchased 5.0899 million ordinary shares, involving an amount of 35.2541 million british pound, with a repurchase price ranging from 6.96 british pound to 6.89 british pound.
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.$COSCO SHIP HOLD (01919.HK)$On November 13, repurchased 2.5 million shares listed in hong kong, involving an amount of 29.1328 million hk dollars, with a repurchase price ranging from 11.8 hk dollars to 11.54 hk dollars.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 31.1195 million shares, accounting for 0.973% of the total number of shares issued at the time 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.