According to documents disclosed by the Hong Kong Stock Exchange on May 16,$HSBC HOLDINGS (00005.HK)$,$WUXI BIO (02269.HK)$Wait for the shares to be repurchased.
① $HSBC HOLDINGS (00005.HK)$3.2 million common shares were repurchased on May 14, involving an amount of HK$219 million. The repurchase price for each share ranged from HK$69.15 to HK$68.2.
② $HSBC HOLDINGS (00005.HK)$3.2 million common shares were repurchased on May 13, involving an amount of HK$217 million. The repurchase price for each share ranged from HK$68 to HK$67.5.
③ $WUXI BIO (02269.HK)$On May 14, 2,725 million common shares were repurchased, involving an amount of HK$39.8632 million. The repurchase price for each share ranged from HK$15 to HK$14.42.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 103 million shares, accounting for 2.424% of the number of shares issued when the ordinary resolution was passed.
④ $HANG SENG BANK (00011.HK)$On May 14, 300,000 common shares were repurchased, involving an amount of HK$32.4153 million. The repurchase price for each share ranged from HK$109.2 to HK$107.6.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 1.5 million shares, accounting for 0.079% of the number of shares issued when the ordinary resolution was passed.
⑤ $FLAT GLASS (06865.HK)$1,166,800 A-shares were repurchased on May 15, involving an amount of $29.997,500, with a repurchase price of $25.8 to $25.5 per share.
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.