According to a document disclosed by HKEX on April 11,$TENCENT (00700.HK)$、$WUXI BIO (02269.HK)$and others repurchased shares.
① $TENCENT (00700.HK)$on April 10, 1.333 million shares of common stock were repurchased, involving an amount of 0.601 billion Hong Kong dollars, with the repurchase price ranging from 461.4 Hong Kong dollars to 443.2 Hong Kong dollars.
Since the Share Buyback authorization resolution, a total of 0.282 billion shares have been repurchased, accounting for 2.991% of the number of shares outstanding at the time of the ordinary resolution.
② $WUXI BIO (02269.HK)$On April 10, 10.08 million ordinary shares were repurchased at an amount of 0.199 billion HKD, with a repurchase price ranging from 20.4 HKD to 19.32 HKD per share.
Since the Share Buyback authorization resolution, a total of 99.243 million shares have been repurchased, accounting for 2.391% of the number of shares outstanding at the time of the ordinary resolution.
③ $HSBC HOLDINGS (00005.HK)$On April 9, 1.6 million ordinary shares were repurchased at an amount of 0.113 billion HKD, with a repurchase price ranging from 71.95 HKD to 70.05 HKD per share.
④ $CHINAHONGQIAO (01378.HK)$On April 10, a total of 7.6525 million ordinary shares were repurchased, involving an amount of 0.1 billion HKD, with the repurchase price per share ranging from 13.16 HKD to 12.9 HKD.
Since the authorization resolution for the share buyback, the cumulative number of securities repurchased has reached 69.9125 million shares, accounting for 0.74% of the total number of shares issued at the time of the ordinary resolution.
⑤ $GTJA (02611.HK)$On April 10, a total of 3.0035 million A shares were repurchased, involving an amount of 50.0036 million yuan, with the repurchase price per share ranging from 16.72 yuan to 16.49 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.
