② According to the documents disclosed by HKEX on December 11,$TENCENT (00700.HK)$、$HSBC HOLDINGS (00005.HK)$and other share buybacks.
① $TENCENT (00700.HK)$On December 10, 1.68 million ordinary shares were repurchased, involving an amount of 0.703 billion Hong Kong dollars, with a repurchase price ranging from 429.2 Hong Kong dollars to 411 Hong Kong dollars.
Since the share buyback authorization resolution, a total of 0.209 billion shares have been repurchased, accounting for 2.22% of the shares issued at the time the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On December 9, 1.2888 million ordinary shares were repurchased, involving an amount of 95.1182 million Hong Kong dollars, with a repurchase price ranging from 74.1 Hong Kong dollars to 73.55 Hong Kong dollars.
③ $GAC GROUP (02238.HK)$On December 10, 18.086 million Listed in Hong Kong shares were repurchased, involving an amount of 64.9885 million Hong Kong dollars, with a repurchase price ranging from 3.61 Hong Kong dollars to 3.55 Hong Kong dollars.
Since the share buyback authorization resolution, a total of 0.223 billion shares have been repurchased, accounting for 7.19% of the shares issued at the time the ordinary resolution was passed.
④ $AIA (01299.HK)$On December 10, 1.0418 million ordinary shares were repurchased, involving an amount of 62.31 million Hong Kong dollars, with a repurchase price ranging from 60.45 to 59.15 Hong Kong dollars per share.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.416 billion shares, accounting for 3.705% of the number of issued shares at the time the ordinary resolution was passed.
⑤ $KUAISHOU-W (01024.HK)$On December 10, 0.852 million Weighted Voting Right Stocks were repurchased, involving an amount of 40.6271 million Hong Kong dollars, with a repurchase price ranging from 48.75 to 47.2 Hong Kong dollars per share.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 73.8216 million shares, accounting for 1.702% of the number of issued shares at the time the ordinary resolution was passed.
For details on the share buyback information of listed companies, see the image below:
What is a Share Buyback.
A share buyback refers to the behavior in which a listed company uses cash or other means to repurchase a certain amount of its own issued shares from the stock market. After the buyback is completed, the company can cancel the repurchased shares. This will reduce the number of shares circulating in the market, thereby achieving positive effects such as market cap management, Stock-based Incentive, and stabilizing stock prices.
