③ According to the disclosure documents released by HKEX on October 2nd, $HSBC HOLDINGS (00005.HK)$,$GOLDWIND (02208.HK)$And so on to repurchase shares.
① $HSBC HOLDINGS (00005.HK)$repurchased 4.0284 million shares of common stocks on September 27, involving an amount of 0.284 billion Hong Kong dollars, with a repurchase price per share ranging from 70.8 Hong Kong dollars to 70.05 Hong Kong dollars.
② $HSBC HOLDINGS (00005.HK)$On 30th September, share buyback of 3.9036 million ordinary shares was made, involving an amount of 0.275 billion Hong Kong dollars, with the repurchase price ranging from 70.95 Hong Kong dollars to 69.95 Hong Kong dollars.
Repurchased 1 million ordinary shares on June 3, involving an amount of HKD60.6193 million, with a repurchase price per share ranging from HKD61.15 to HKD59.8.$GOLDWIND (02208.HK)$On 30th September, share buyback of 11.4921 million A shares was made, involving an amount of 0.114 billion yuan, with the repurchase price ranging from 10 yuan to 9.49 yuan.
Since the share buyback authorization resolution, the cumulative number of securities repurchased is 11.4921 million shares, accounting for 0.33% of the total number of shares issued at the time of the ordinary resolution approval.
Asymchem Laboratories (06821.HK)$HSBC HOLDINGS (00005.HK)$On September 27, hkex bought back 3.9496 million ordinary shares, involving an amount of 26.8997 million british pounds, with a repurchase price per share ranging from 6.83 british pounds to 6.76 british pounds.
Repurchased 2.8 million weighted voting right shares on June 3, involving an amount of HKD50.0474 million, with a repurchase price per share ranging from HKD17.94 to HKD17.82.$SWIRE PACIFIC A (00019.HK)$On September 30, hkex bought back 0.386 million ordinary shares, involving an amount of 25.6599 million Hong Kong dollars, with a repurchase price per share ranging from 66.95 Hong Kong dollars to 65.1 Hong Kong dollars.
Since the share buyback authorization resolution, the cumulative number of repurchased securities is 18.2555 million shares, accounting for 2.186% of the number of shares issued at the time of the ordinary resolution passing.
Details of share buybacks by listed companies can be found in the figure below:
What is share buyback?
Share buyback refers to a behavior of listed companies using cash to repurchase a certain amount of outstanding shares on the stock market. After the share buyback, the company can cancel the repurchased shares. This will reduce the number of outstanding shares in circulation, thus achieving positive effects such as market cap management, stock-based incentive, and stable stock price.
