According to documents disclosed by HKEX on June 12, $TENCENT (00700.HK)$、$AIA (01299.HK)$and other repurchased shares.
① $TENCENT (00700.HK)$on June 11, 0.969 million ordinary shares were repurchased, involving an amount of 0.501 billion Hong Kong dollars, with the repurchase price ranging from 518 Hong Kong dollars to 514.5 Hong Kong dollars.
Since the share buyback authorization resolution, a total of 17.631 million shares have been repurchased, accounting for 0.192% of the number of shares issued when the ordinary resolution was passed.
② $AIA (01299.HK)$On June 11, 1 million ordinary shares were repurchased, involving an amount of 70.6756 million Hong Kong dollars, with a repurchase price ranging from 71.1 to 69.6 Hong Kong dollars per share.
Since the share buyback authorization resolution, a total of 52.466 million shares have been repurchased, accounting for 0.491% of the number of shares issued when the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$On June 10, 1.8569 million ordinary shares were repurchased, involving an amount of 16.3165 million British Pounds, with a repurchase price ranging from 8.87 to 8.75 British Pounds per share.
④ $HAIER SMARTHOME (06690.HK)$On June 11, 0.5 million A-shares were repurchased, involving an amount of 12.6015 million yuan, with the repurchase price per share ranging from 25.28 yuan to 25.13 yuan.
⑤ $STANCHART (02888.HK)$On June 10, 0.7448 million ordinary shares were repurchased, involving an amount of 8.6496 million British Pound, with the repurchase price per share ranging from 11.86 British Pound to 11.47 British Pound.
Detailed information on the company's share repurchase can be seen in 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.
