② According to a document disclosed by HKEX on December 27,$TENCENT (00700.HK)$、$HSBC HOLDINGS (00005.HK)$and other share buybacks.
① $TENCENT (00700.HK)$on December 24, 1.2 million shares of common stock were repurchased, involving an amount of 0.503 billion HKD, with a repurchase price ranging from 421.4 HKD to 417.8 HKD per share.
Since the share buyback authorization resolution, the cumulative number of shares repurchased is 0.226 billion shares, accounting for 2.395% of the total shares issued at the time the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On December 23, 1.2404 million common shares were repurchased, involving an amount of 92.8978 million HKD, with a repurchase price ranging from 75.05 HKD to 74.75 HKD per share.
③ $AIA (01299.HK)$On December 24, 1.0986 million common shares were repurchased, involving an amount of 62.1029 million HKD, with a repurchase price ranging from 57.4 HKD to 55.8 HKD per share.
Since the share buyback authorization resolution, the cumulative number of shares repurchased is 0.438 billion shares, accounting for 3.898% of the total shares issued at the time the ordinary resolution was passed.
④ $KUAISHOU-W (01024.HK)$On December 24, repurchased 0.9 million Weighted Voting Right Stocks, involving an amount of 38.4859 million Hong Kong dollars, with a repurchase price per share ranging from 43.1 to 42.2 Hong Kong dollars.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 82.6546 million shares, accounting for 1.906% of the number of issued shares at the time the ordinary resolution was passed.
⑤ $BABA-W (09988.HK)$On December 23, repurchased 3.0653 million ordinary shares, involving an amount of 32.2613 million US dollars, with a repurchase price per share ranging from 10.62 to 10.35 US dollars.
Since the repurchase authorization resolution, the cumulative number of securities repurchased is 0.222 billion shares, accounting for 1.18% 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 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.
