According to documents disclosed by HKEX on June 4,$TENCENT (00700.HK)$、$AIA (01299.HK)$and others repurchased shares.
① $TENCENT (00700.HK)$on June 3, 0.994 million ordinary shares were repurchased, involving an amount of 0.5 billion Hong Kong dollars, with a repurchase price ranging from 505 Hong Kong dollars to 501 Hong Kong dollars.
Since the repurchase authorization resolution, the total number of repurchased securities is 11.791 million shares, accounting for 0.128% of the total issued shares at the time the ordinary resolution was approved.
② $AIA (01299.HK)$On June 3, 6 million ordinary shares were repurchased, involving an amount of 0.403 billion HKD, with the repurchase price ranging from 67.65 HKD to 66.55 HKD per share.
Since the repurchase authorization resolution, the total number of repurchased securities is 35.266 million shares, accounting for 0.33% of the total issued shares at the time the ordinary resolution was approved.
③ $HSBC HOLDINGS (00005.HK)$On June 2, 3.8232 million ordinary shares were repurchased, involving an amount of 0.35 billion HKD, with the repurchase price ranging from 92.6 HKD to 90.9 HKD per share.
④ $MIDEA GROUP (00300.HK)$On June 3, 1.8328 million A-shares were repurchased, involving an amount of 0.14 billion yuan, with a repurchase price per share ranging from 77 yuan to 75.71 yuan.
⑤ $KUAISHOU-W (01024.HK)$On June 3, 2 million non-voting shares were repurchased, involving an amount of 0.102 billion HKD, with a repurchase price per share ranging from 51.35 HKD to 50.95 HKD.
Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.125 billion shares, accounting for 2.873% 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 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.
