② According to the documents disclosed by hkex on November 25th, $TENCENT (00700.HK)$、$AIA (01299.HK)$And so on to repurchase shares.
① $TENCENT (00700.HK)$Repurchased 1.73 million shares of ordinary shares on November 22, involving an amount of 0.702 billion Hong Kong dollars, with a repurchase price per share ranging from 412.2 Hong Kong dollars to 399.8 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of securities repurchased is 0.188 billion shares, accounting for 1.997% of the number of shares issued when the ordinary resolution was passed.
② $AIA (01299.HK)$On November 22, repurchased 7.339 million ordinary shares, involving 0.418 billion Hong Kong dollars, with the repurchase price per share ranging from 58 Hong Kong dollars to 56.15 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of securities repurchased is 0.371 billion shares, accounting for 3.302% 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.$COSCO SHIP HOLD (01919.HK)$On November 22, repurchased 14.47 million A shares, involving 0.207 billion yuan, with the repurchase price per share ranging from 14.4 yuan to 14.12 yuan.
Asymchem Laboratories (06821.HK)$HSBC HOLDINGS (00005.HK)$On November 21, shares of 2.6232 million ordinary shares were repurchased, involving an amount of 0.187 billion Hong Kong dollars, with a repurchase price per share ranging from 71.6 Hong Kong dollars to 71.2 Hong Kong dollars.
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.$KUAISHOU-W (01024.HK)$On November 22, 2.87 million weighted voting right stocks were repurchased, involving an amount of 0.128 billion Hong Kong dollars, with a repurchase price per share ranging from 45.45 Hong Kong dollars to 44.1 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 64.2688 million shares, accounting for 1.482% of the number of issued shares 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.
