According to the documents disclosed by HKEX on June 2,$AIA (01299.HK)$、$TENCENT (00700.HK)$and others repurchased shares.
① $AIA (01299.HK)$on May 30, 8.1538 million ordinary shares were repurchased, involving an amount of 0.534 billion Hong Kong dollars, with the buyback price ranging from 65.7 Hong Kong dollars to 65.05 Hong Kong dollars.
Since the share repurchase authorization resolution, a total of 23.818 million shares have been repurchased, accounting for 0.223% of the total issued shares at the time the ordinary resolution was passed.
② $TENCENT (00700.HK)$On May 30, 1.003 million ordinary shares were repurchased, involving an amount of 0.501 billion HKD, with a repurchase price ranging from 504.5 HKD to 496.2 HKD per share.
Since the share repurchase authorization resolution, a total of 9.784 million shares have been repurchased, accounting for 0.106% of the total issued shares at the time the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$On May 29, 2.6524 million ordinary shares were repurchased, involving an amount of 0.244 billion HKD, with a repurchase price ranging from 92.55 HKD to 91.65 HKD per share.
④ $MIDEA GROUP (00300.HK)$On May 30, 0.5048 million A shares were repurchased, involving an amount of 39.9359 million yuan, with a repurchase price ranging from 79.5 yuan to 78.35 yuan.
⑤ $HSBC HOLDINGS (00005.HK)$On May 29, 2.8657 million ordinary shares were repurchased, involving an amount of 25.0323 million British Pound, with a repurchase price ranging from 8.79 British Pound to 8.7 British Pound.
For detailed information on the company's share buyback, please see the image below:
What is a Stock Buyback?
A stock buyback refers to the action of a listed company using Cash / Money Market and other means to repurchase a certain amount of its own shares from the stock market. After the stock buyback is completed, the company can cancel the repurchased shares. This will reduce the number of shares circulating outside the company, thereby achieving Market Cap management, equity incentives, price stabilization, and other positive effects.
