② According to the documents disclosed by HKEX on April 1, $TENCENT (00700.HK)$、$CHINAHONGQIAO (01378.HK)$and others repurchased shares.
① $TENCENT (00700.HK)$on March 31, a total of 1.002 million ordinary shares were repurchased, involving an amount of 0.501 billion HKD, with the repurchase price per share ranging from 506.5 HKD to 495 HKD.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 0.273 billion shares, accounting for 2.902% of the number of shares issued when the ordinary resolution was passed.
② $CHINAHONGQIAO (01378.HK)$On March 31, 13.0705 million ordinary shares were repurchased, involving an amount of 0.208 billion HKD, with the repurchase price ranging from 16 HKD to 15.78 HKD per share.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 36.332 million shares, accounting for 0.38% of the number of shares issued when the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$On March 28, 1.5764 million ordinary shares were repurchased, involving an amount of 0.141 billion HKD, with the repurchase price ranging from 90.1 HKD to 89.1 HKD per share.
④ $KUAISHOU-W (01024.HK)$On March 31, 1.2161 million Weighted Voting Right Stocks were repurchased, involving an amount of 65.4858 million HKD, with a repurchase price per share ranging from 54.5 HKD to 53.25 HKD.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 0.11 billion shares, accounting for 2.538% of the number of shares issued at the time the ordinary resolution was passed.
⑤ $AAC TECH (02018.HK)$On March 31, 0.483 million ordinary shares were repurchased, involving an amount of 22.4534 million HKD, with a repurchase price per share ranging from 47.5 HKD to 45.85 HKD.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 12.802 million shares, accounting for 1.068% of the number of shares issued at the time the ordinary resolution was passed.
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.
