According to HKEx's disclosure document on October 26,$AIA (01299.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $AIA (01299.HK)$On October 25, 1993,400 shares of common stock were repurchased, involving an amount of HK$135 million. The repurchase price per share ranged from HK$68.35 to HK$66.95.
The cumulative number of securities repurchased so far this year (since the adoption of the ordinary resolution) was 154 million shares, accounting for 1.324% of the number of shares issued at the time the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$On October 24, 638,800 common shares were repurchased, involving an amount of HK$37.472,500. The repurchase price per share ranged from HK$58.95 to HK$58.25.
③ $DONGFENG GROUP (00489.HK)$On October 25, 6.53 million H shares were repurchased, involving an amount of HK$21.268,900. The repurchase price per share ranged from HK$3.27 to HK$3.24.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 158 million shares, accounting for 5.91% of the number of shares issued at the time the General Resolution was passed.
④ $HSBC HOLDINGS (00005.HK)$On October 24, 2,882 million shares of common stock were repurchased, involving an amount of £17.236,500. The repurchase price per share ranged from £6.15 to £6.07.
⑤ $STANCHART (02888.HK)$On October 24, 2.179,600 shares of common stock were repurchased, involving an amount of £15.4291,000. The repurchase price per share ranged from £7.13 to £7.
See the chart below for details on share repurchases of listed companies:
What is a stock buyback?
Stock repurchase refers to the act of a listed company using cash or the like to repurchase a certain amount of shares issued by the company from the stock market. The company may cancel the repurchased shares after the stock repurchase is completed. This will reduce the number of stocks that are out of circulation by enterprises, thereby achieving positive effects such as market value management, equity incentives, and stabilizing stock prices.