According to documents disclosed by HKEX on March 19,$CHINAHONGQIAO (01378.HK)$、$HSBC HOLDINGS (00005.HK)$and others repurchased shares.
① $CHINAHONGQIAO (01378.HK)$on March 18, 20.548 million ordinary shares were repurchased, involving an amount of 0.3 billion HKD, with a repurchase price ranging from 14.6 HKD to 14.6 HKD.
Since the Share Buyback authorization resolution, a total of 11.6495 million shares have been repurchased, accounting for 0.12% of the number of issued shares at the time the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On March 17, 2.9768 million ordinary shares were repurchased, involving an amount of 0.262 billion Hong Kong dollars, with a repurchase price per share ranging from 88.25 Hong Kong dollars to 87.3 Hong Kong dollars.
③ $SWIRE PACIFIC A (00019.HK)$On March 18, 0.575 million ordinary shares were repurchased, involving an amount of 40.0598 million Hong Kong dollars, with a repurchase price per share ranging from 69.95 Hong Kong dollars to 68.05 Hong Kong dollars.
Since the Share Buyback authorization resolution, a total of 44.578 million shares have been repurchased, accounting for 5.338% of the number of issued shares at the time the ordinary resolution was passed.
④ $SAMSONITE (01910.HK)$On March 18, 1.9746 million ordinary shares were repurchased, amounting to 37.358 million HKD, with a repurchase price per share ranging from 19.24 HKD to 18.7 HKD.
Since the share buyback authorization resolution, a total of 72.2052 million shares have been repurchased, accounting for 4.941% of the issued shares at the time the ordinary resolution was passed.
⑤ $HSBC HOLDINGS (00005.HK)$On March 17, 1.965 million ordinary shares were repurchased, amounting to 17.2119 million British Pounds, with a repurchase price per share ranging from 8.78 British Pounds to 8.7 British Pounds.
For detailed information on the company's share buyback, please see the image below:
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.