② According to documents disclosed by the Hong Kong Stock Exchange on December 12,$TENCENT (00700.HK)$,$AIA (01299.HK)$Wait for the shares to be repurchased.
① $TENCENT (00700.HK)$On December 11, 1.33 million common stock shares were repurchased, involving an amount of HK$403 million. The repurchase price per share ranged from HK$307.6 to HK$298.6.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 111 million shares, accounting for 1.155% of the number of shares issued at the time the General Resolution was passed.
② $AIA (01299.HK)$On December 11, 2,054 million common stock shares were repurchased, involving an amount of HK$135 million. The repurchase price per share ranged from HK$64.5 to HK$62.85.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 216 million shares, accounting for 1.86% of the number of shares issued at the time the General Resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$On December 8, 2,049,600 common stock shares were repurchased, involving an amount of HK$123 million. The repurchase price per share ranged from HK$60.1 to HK$59.8.
④ $XIAOMI-W (01810.HK)$On December 11, 3.2 million common stock shares were repurchased, involving an amount of HK$46.3689 million. The repurchase price per share ranged from HK$14.54 to HK$14.44.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 107 million shares, accounting for 0.43% of the number of shares issued at the time the General Resolution was passed.
⑤ $SINOPEC CORP (00386.HK)$On December 11, 10.46 million H-shares were repurchased, involving an amount of HK$39.999 million. The repurchase price per share ranged from HK$3.85 to HK$3.78.
The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 358 million shares, accounting for 0.3% of the number of shares issued at the time the General Resolution was passed.
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.
