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March 19 repurchase collection | HSBC Holdings, SWIRE PACIFIC A and others have repurchased, with HSBC Holdings spending 0.257 billion Hong Kong dollars.

Futu News ·  Mar 20 09:20

According to a document disclosed by HKEX on March 20,$HSBC HOLDINGS (00005.HK)$$SWIRE PACIFIC A (00019.HK)$and others repurchased shares.

$HSBC HOLDINGS (00005.HK)$on March 18, 2.8912 million ordinary shares were repurchased, involving an amount of 0.257 billion Hong Kong dollars, with the repurchase price ranging from 89.2 Hong Kong dollars to 88.7 Hong Kong dollars.

$SWIRE PACIFIC A (00019.HK)$On March 19, 0.55 million ordinary shares were repurchased, involving an amount of 38.3268 million Hong Kong dollars, with a repurchase price ranging from 69.9 HKD to 69 HKD.

Since the repurchase authorization resolution, a total of 45.128 million shares have been repurchased, accounting for 5.404% of the number of shares issued at the time the ordinary resolution was passed.

$SAMSONITE (01910.HK)$On March 19, 1.9161 million ordinary shares were repurchased, involving an amount of 36.3028 million Hong Kong dollars, with a repurchase price ranging from 19.1 HKD to 18.82 HKD.

Since the repurchase authorization resolution, a total of 74.1213 million shares have been repurchased, accounting for 5.072% of the number of shares issued at the time the ordinary resolution was passed.

$ZMJ (00564.HK)$On March 19, 2.0098 million A-shares were repurchased, involving an amount of 31.2862 million yuan, with a repurchase price ranging from 15.67 yuan to 15.43 yuan.

$STANCHART (02888.HK)$On March 18, 1.1915 million ordinary shares were repurchased, involving an amount of 14.2061 million British Pound, with a repurchase price ranging from 12.13 British Pound to 11.62 British Pound.

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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