According to the document disclosed by HKEX on June 6,$TENCENT (00700.HK)$、$AIA (01299.HK)$and others repurchased shares.
① $TENCENT (00700.HK)$on June 5, 0.975 million ordinary shares were repurchased, involving an amount of 0.501 billion Hong Kong dollars, with a repurchase price ranging from 517.5 Hong Kong dollars to 509.5 Hong Kong dollars.
Since the repurchase authorization resolution, the accumulated number of shares repurchased is 13.746 million shares, accounting for 0.15% of the number of shares issued at the time the ordinary resolution was passed.
② $AIA (01299.HK)$On June 5, 3.5 million ordinary shares were repurchased, involving an amount of 0.234 billion HKD, with the repurchase price ranging from 67.6 HKD to 66.35 HKD per share.
Since the repurchase authorization resolution, the accumulated number of shares repurchased is 42.016 million shares, accounting for 0.393% of the number of shares issued at the time the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$On June 4, 1.0296 million ordinary shares were repurchased, involving an amount of 95.5104 million HKD, with the repurchase price ranging from 93.05 HKD to 92.4 HKD per share.
④ $HAIER SMARTHOME (06690.HK)$On June 5th, 1 million A shares were repurchased, involving an amount of 24.7625 million yuan, with repurchase prices ranging from 24.8 yuan to 24.72 yuan.
⑤ $SSY GROUP (02005.HK)$On June 5th, 5.4 million ordinary shares were repurchased, involving an amount of 15.0958 million HKD, with repurchase prices ranging from 2.8 HKD to 2.77 HKD.
Since the repurchase authorization resolution, the total number of securities repurchased has reached 16.6 million shares, accounting for 0.562% of the 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.
