② According to the disclosure documents released by hkex on November 26th,$TENCENT (00700.HK)$、$AIA (01299.HK)$And so on to repurchase shares.
① $TENCENT (00700.HK)$On November 25, the company repurchased 1.77 million ordinary shares, involving an amount of 0.702 billion Hong Kong dollars, with a repurchase price per share ranging from 402 Hong Kong dollars to 394 Hong Kong dollars.
Since the share buyback authorization resolution, the total number of repurchased securities is 0.19 billion shares, accounting for 2.016% of the number of shares issued when the ordinary resolution was passed.
② $AIA (01299.HK)$On November 25, repurchased 7.451 million shares of common stock, involving 0.426 billion Hong Kong dollars, with a repurchase price per share ranging from 57.75 Hong Kong dollars to 56.6 Hong Kong dollars.
Since the share buyback authorization resolution, the total number of repurchased securities is 0.378 billion shares, accounting for 3.368% 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.$HSBC HOLDINGS (00005.HK)$On November 22, repurchased 3.3368 million shares of common stock, involving 0.238 billion Hong Kong dollars, with a repurchase price per share ranging from 71.7 Hong Kong dollars to 70.85 Hong Kong dollars.
Asymchem Laboratories (06821.HK)$COSCO SHIP HOLD (01919.HK)$On November 25, the company repurchased 10.2587 million shares of A-shares, involving an amount of 0.144 billion yuan, with a repurchase price per share ranging from 14.26 yuan to 13.85 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.$KUAISHOU-W (01024.HK)$On November 25, the company repurchased 2 million weighted voting right shares, involving an amount of 91.8768 million Hong Kong dollars, with a repurchase price per share ranging from 46.65 Hong Kong dollars to 45.1 Hong Kong dollars.
Since the share buyback authorization resolution, the total number of repurchased securities is 66.2688 million shares, accounting for 1.528% 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.
