According to HKEx's March 14 disclosure documents,$HSBC HOLDINGS (00005.HK)$,$YUM CHINA (09987.HK)$Wait for the shares to be repurchased.
① $HSBC HOLDINGS (00005.HK)$On March 12, 3.95 million common shares were repurchased, involving an amount of HK$231 million. The repurchase price for each share ranged from HK$58.85 to HK$58.1.
② $YUM CHINA (09987.HK)$101,400 common shares were repurchased on March 12, involving an amount of HK$34.155 million. The repurchase price for each share ranged from HK$340.4 to HK$325.6.
The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 2,229,600 shares, accounting for 0.53% of the number of shares issued when the ordinary resolution was passed.
③ $STANCHART (02888.HK)$On March 12, 3,5319 million common shares were repurchased, involving an amount of £23.79,700, and the repurchase price per share ranged from £6.79 to £6.67.
④ $HSBC HOLDINGS (00005.HK)$On March 12, 3,583,400 common shares were repurchased, involving an amount of £21.65,500, at a repurchase price of £5.94 to £5.84 per share.
⑤ $YUM CHINA (09987.HK)$On March 12, 453,800 common shares were repurchased, involving an amount of US$19.6999 million, with a repurchase price of US$43.82 to US$42.81 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.