② According to documents disclosed by the Hong Kong Stock Exchange on August 15,$AIA (01299.HK)$,$HSBC HOLDINGS (00005.HK)$Wait for the shares to be repurchased.
① $AIA (01299.HK)$6.87 million common shares were repurchased on August 14, involving an amount of HK$0.356 billion, with a repurchase price of HK$52.7 to HK$51.65 per share.
Since the repurchase authorization resolution, the cumulative number of repurchased securities was 0.241 billion shares, accounting for 2.144% of the number of shares issued when the ordinary resolution was passed.
② $HSBC HOLDINGS (00005.HK)$The repurchase of 1.0576 million common shares on August 13 involved an amount of HK$68.1358 million, with a repurchase price of HK$64.6 to HK$64.2 per share.
③ $ASYMCHEM (06821.HK)$On August 14, 1.7534 million A-shares were repurchased, involving an amount of $0.225 billion, with a repurchase price of $128.34 to $78.66 per share.
④ $HANG SENG BANK (00011.HK)$On August 14, 0.228 million common shares were repurchased, involving an amount of HK$20.5594 million. The repurchase price per share ranged from HK$90.7 to HK$89.85.
Since the repurchase authorization resolution, the cumulative number of repurchased securities was 16.3746 million shares, accounting for 0.857% of the number of shares issued when the ordinary resolution was passed.
⑤ $SWIRE PACIFIC A (00019.HK)$0.281 million common shares were repurchased on August 14, involving an amount of HK$18.3632 million. The repurchase price for each share ranged from HK$66.4 to HK$64.6.
Since the repurchase authorization resolution, the cumulative number of repurchased securities was 10.7765 million shares, accounting for 1.29% of the number of shares issued when the ordinary 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 buy back a certain amount of shares issued by the company from the stock market. The company can cancel the repurchased shares after the share repurchase is completed. This will reduce the number of shares in circulation of enterprises, thereby achieving positive effects such as market value management, equity incentives, and stabilizing stock prices.
