According to the documents disclosed by HKEX on April 10,$TENCENT (00700.HK)$、$WUXI BIO (02269.HK)$and others repurchased shares.
① $TENCENT (00700.HK)$On April 9, 1.385 million ordinary shares were repurchased, involving an amount of 0.601 billion Hong Kong dollars, with a repurchase price ranging from 446.8 to 419.6 Hong Kong dollars per share.
Since the Share Buyback authorization resolution, a total of 0.28 billion shares have been repurchased, accounting for 2.977% of the total shares issued when the ordinary resolution was passed.
② $WUXI BIO (02269.HK)$On April 9, 17.05 million ordinary shares were repurchased, involving an amount of 0.299 billion Hong Kong dollars, with the repurchase price ranging from 18.82 Hong Kong dollars to 16.82 Hong Kong dollars.
Since the Share Buyback authorization resolution, a total of 89.163 million shares have been repurchased, accounting for 2.148% of the total shares issued when the ordinary resolution was passed.
③ $ZIJIN MINING (02899.HK)$On April 9, 30.21 million A-shares were repurchased, involving an amount of 0.465 billion yuan, with the repurchase price ranging from 15.79 yuan to 15.2 yuan.
④ $CHINAHONGQIAO (01378.HK)$On April 9, a total of 12.9055 million ordinary shares were repurchased, involving an amount of 0.161 billion HKD, with a repurchase price per share ranging from 12.64 HKD to 12.2 HKD.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 62.26 million shares, accounting for 0.66% of the total number of shares issued at the time the ordinary resolution was passed.
⑤ $MIDEA GROUP (00300.HK)$On April 9, a total of 1.7203 million A shares were repurchased, involving an amount of 0.12 billion yuan, with a repurchase price per share ranging from 70 yuan to 69.5 yuan.
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.