② According to a disclosure document from HKEX on December 19,$TENCENT (00700.HK)$、$ANTA SPORTS (02020.HK)$and other share buybacks.
① $TENCENT (00700.HK)$on December 18, a total of 1.73 million ordinary shares were repurchased, involving an amount of 0.703 billion Hong Kong dollars, with a repurchase price ranging between 406 Hong Kong dollars and 405.2 Hong Kong dollars.
Since the Share Buyback authorization resolution, the cumulative number of repurchased securities is 0.219 billion shares, accounting for 2.329% of the number of shares issued at the time the ordinary resolution was passed.
② $ANTA SPORTS (02020.HK)$On December 18, 2.6382 million ordinary shares were repurchased, amounting to 0.209 billion HKD, with the repurchase price per share ranging from 80 HKD to 78.15 HKD.
Since the Share Buyback authorization resolution, the cumulative number of repurchased securities is 6.253 million shares, accounting for 0.221% of the number of shares issued at the time the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$On December 17, 1.1428 million ordinary shares were repurchased, involving an amount of 85.5793 million HKD, with the repurchase price per share ranging from 75.15 HKD to 74.6 HKD.
④ $AIA (01299.HK)$On December 18, 1.115 million ordinary shares were repurchased, involving an amount of 61.5578 million HKD, with the repurchase price per share ranging from 55.55 HKD to 54.9 HKD.
Since the share buyback authorization resolution, the total number of repurchased securities is 0.43 billion shares, accounting for 3.827% of the total number of issued shares at the time the ordinary resolution was approved.
⑤ $CSPC PHARMA (01093.HK)$On December 18, 6.2 million ordinary shares were repurchased, involving an amount of 29.27 million HKD, with the repurchase price per share ranging from 4.75 HKD to 4.67 HKD.
Since the share buyback authorization resolution, the total number of repurchased securities is 0.283 billion shares, accounting for 2.377% of the total number of issued shares at the time the ordinary resolution was approved.
For details on the share buyback information of listed companies, see the image below:
What is share buyback?
Share Buyback refers to the behavior of a listed company using cash or other means to repurchase a certain amount of its outstanding stocks from the stock market. After the Share Buyback is completed, the company can cancel the repurchased stocks. 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.
