According to documents disclosed by HKEX on December 24, $TENCENT (00700.HK)$、$HSBC HOLDINGS (00005.HK)$and other share buybacks.
① $TENCENT (00700.HK)$on December 23, 1.67 million ordinary shares were repurchased, involving an amount of 0.704 billion Hong Kong dollars, with a repurchase price ranging from 430.6 Hong Kong dollars to 416.4 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 0.224 billion shares, accounting for 2.382% of the issued shares at the time the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On December 20, 1.8264 million ordinary shares were repurchased, involving an amount of 0.136 billion HKD, with a buyback price per share ranging from 74.9 HKD to 74.45 HKD.
③ $ANTA SPORTS (02020.HK)$On December 23, 1.2966 million ordinary shares were repurchased, involving an amount of 0.104 billion HKD, with a buyback price per share ranging from 80 HKD to 79.75 HKD.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 11.3034 million shares, accounting for 0.399% of the issued shares at the time the ordinary resolution was passed.
④ $AIA (01299.HK)$On December 23, a total of 1.1128 million ordinary shares were repurchased, involving an amount of 61.8516 million HKD, with the repurchase price ranging from 55.8 HKD to 55.3 HKD.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.437 billion shares, accounting for 3.888% of the number of shares issued at the time the ordinary resolution was passed.
⑤ $HSBC HOLDINGS (00005.HK)$On December 20, a total of 7.2628 million ordinary shares were repurchased, involving an amount of 54.9426 million British Pounds, with the repurchase price ranging from 7.64 British Pounds to 7.5 British Pounds.
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.