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March 14 share buyback | HSBC Holdings, SWIRE PACIFIC A, and others have conducted buybacks, with HSBC Holdings spending 0.252 billion HKD.

Futu News ·  Mar 17 09:30

According to documents disclosed by HKEX on March 17,$HSBC HOLDINGS (00005.HK)$$SWIRE PACIFIC A (00019.HK)$and others repurchased shares.

$HSBC HOLDINGS (00005.HK)$on March 13, 2.934 million ordinary shares were repurchased, involving an amount of 0.252 billion Hong Kong dollars, with a repurchase price ranging from 86.3 Hong Kong dollars to 85.05 Hong Kong dollars.

$SWIRE PACIFIC A (00019.HK)$On March 14, 0.55 million shares of common stock were repurchased, involving an amount of 38.2154 million Hong Kong dollars, with a buyback price ranging from 70 Hong Kong dollars to 67.7 Hong Kong dollars.

Since the share buyback authorization resolution, the total number of securities repurchased has reached 43.437 million shares, accounting for 5.201% of the number of shares issued at the time the ordinary resolution was passed.

$ZMJ (00564.HK)$On March 14, 5.1109 million A-shares were repurchased, involving an amount of 78.7897 million yuan, with a buyback price ranging from 15.48 yuan to 15.33 yuan.

$SAMSONITE (01910.HK)$On March 14, a total of 1.6332 million ordinary shares were repurchased, involving an amount of 31.6424 million HKD, with a repurchase price per share ranging from 19.8 HKD to 19.18 HKD.

Since the repurchase authorization resolution, a total of 68.4084 million shares have been repurchased, accounting for 4.681% of the total issued shares at the time the ordinary resolution was passed.

$HSBC HOLDINGS (00005.HK)$On March 13, a total of 2.2155 million ordinary shares were repurchased, involving an amount of 18.9497 million British Pounds, with a repurchase price per share ranging from 8.61 British Pounds to 8.49 British Pounds.

For detailed information on the company's share buyback, please see the image below:

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What is Share Buyback?

Share Buyback refers to the behavior of a listed company repurchasing a certain amount of its issued shares from the stock market using Cash / Money Market or other means. After completing the Share Buyback, the company can cancel the repurchased shares. This reduces the number of shares outstanding, thereby achieving positive effects such as Market Cap management, Stock-based Incentive, and stabilizing the stock price.

The translation is provided by third-party software.


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