According to a document disclosed by HKEX on June 5,$TENCENT (00700.HK)$、$AIA (01299.HK)$and others repurchased shares.
① $TENCENT (00700.HK)$on June 4, repurchased 0.98 million ordinary shares, involving an amount of 0.5 billion Hong Kong dollars, with a repurchase price ranging from 513 Hong Kong dollars to 507.5 Hong Kong dollars.
Since the share repurchase authorization resolution, the cumulative number of repurchased securities has been 12.771 million shares, accounting for 0.139% of the total shares issued when the ordinary resolution was approved.
② $AIA (01299.HK)$On June 4, 3.25 million ordinary shares were repurchased for an amount of 0.215 billion HKD, with the repurchase price per share ranging from 67 HKD to 65.95 HKD.
Since the share repurchase authorization resolution, the cumulative number of repurchased securities has been 38.516 million shares, accounting for 0.36% of the total shares issued when the ordinary resolution was approved.
③ $HSBC HOLDINGS (00005.HK)$On June 3, 2.6404 million ordinary shares were repurchased for an amount of 22.9438 million British Pound, with the repurchase price per share ranging from 8.75 British Pound to 8.61 British Pound.
④ $HSBC HOLDINGS (00005.HK)$On June 3, 0.2304 million ordinary shares were repurchased, involving an amount of 21.4689 million Hong Kong dollars, with a repurchase price per share ranging from 93.65 HKD to 92.8 HKD.
⑤ $HAIER SMARTHOME (06690.HK)$On June 4, 0.85 million A-shares were repurchased, involving an amount of 21.0932 million yuan, with a repurchase price per share ranging from 24.85 yuan to 24.79 yuan.
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.
