According to a document disclosed by HKEX on May 16,$HSBC HOLDINGS (00005.HK)$、$AIA (01299.HK)$and others repurchased shares.
① $HSBC HOLDINGS (00005.HK)$on May 14, a total of 2.3988 million ordinary shares were repurchased, involving an amount of 0.217 billion Hong Kong dollars, with the repurchase price ranging from 90.9 Hong Kong dollars to 89.95 Hong Kong dollars.
② $AIA (01299.HK)$On May 15, 0.4066 million ordinary shares were repurchased, involving an amount of 26.7334 million HKD, with a repurchase price ranging from 65.75 HKD to 65.65 HKD.
Since the repurchase authorization resolution, the total number of repurchased securities has reached 0.6 billion shares, accounting for 5.337% of the issued shares at the time the ordinary resolution was passed.
③ $HSBC HOLDINGS (00005.HK)$On May 14, 4.5992 million ordinary shares were repurchased, involving an amount of 39.8383 million British Pound, with a repurchase price ranging from 8.77 British Pound to 8.58 British Pound.
④ $GTHT (02611.HK)$On May 15, a total of 1.8 million A shares were repurchased, involving an amount of 32.2944 million yuan, with each repurchase price ranging from 17.97 yuan to 17.89 yuan.
⑤ $MIDEA GROUP (00300.HK)$On May 15, a total of 0.2607 million A shares were repurchased, involving an amount of 19.9999 million yuan, with each repurchase price ranging from 77.01 yuan to 76.48 yuan.
For detailed information on the company's share buyback, please see the image below:
What is a Share Buyback?
Share Buyback refers to the behavior of a listed company repurchasing a certain amount of its issued shares from the stock market using Cash / Money Market or other means. After completing the Share Buyback, the company can cancel the repurchased shares. This reduces the number of shares outstanding, thereby achieving positive effects such as Market Cap management, Stock-based Incentive, and stabilizing the stock price.
