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May 13th buyback summary | AIA, HSBC Holdings and others have made repurchases, with AIA spending 0.231 billion HKD.

Futu News ·  May 14 09:30

According to documents disclosed by HKEX on May 14,$AIA (01299.HK)$$HSBC HOLDINGS (00005.HK)$and others repurchased shares.

$AIA (01299.HK)$on May 13, 3.7176 million ordinary shares were repurchased, involving an amount of 0.231 billion HKD, with a repurchase price ranging from 63.2 HKD to 61.75 HKD.

Since the stock buyback authorization resolution, the cumulative number of securities repurchased is 0.597 billion shares, accounting for 5.31% of the number of shares issued when the ordinary resolution was passed.

$HSBC HOLDINGS (00005.HK)$On May 12, 2.382 million ordinary shares were repurchased, involving an amount of 0.211 billion Hong Kong dollars, with a buyback price per share ranging from 90.6 Hong Kong dollars to 88.1 Hong Kong dollars.

$DFZQ (03958.HK)$On May 13, 5.7918 million A-shares were repurchased, involving an amount of 54.6238 million yuan, with a buyback price per share ranging from 9.47 yuan to 9.39 yuan.

$TIMES ELECTRIC (03898.HK)$On May 13, 0.7507 million H shares were repurchased, involving an amount of 24.866 million HKD, with a repurchase price ranging from 33.2 HKD to 32.85 HKD.

Since the repurchase authorization resolution, the total number of repurchased securities has reached 49.3764 million shares, accounting for 9.099% of the total number of issued shares at the time the ordinary resolution was passed.

$HSBC HOLDINGS (00005.HK)$On May 12, 2.5885 million ordinary shares were repurchased, involving an amount of 22.7997 million British Pounds, with a repurchase price ranging from 8.85 British Pounds to 8.74 British Pounds.

For detailed information on the company's share buyback, please see the image below:

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What is a 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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