2. Stabilize the stock price When the stock price of a listed company falls for a long time, the confidence of investors holding the stock is severely hit. In order to enhance confidence and stabilize the company's share price, listed companies will choose to buy back the company's shares to prevent the company's share price from falling further.
3. Optimistic about the company's later development No matter whether the company's share price is currently in a downward trend or an upward trend, listed companies believe that the company's later performance will explode.
4. The specific purpose of equity incentive repurchase has been analyzed for everyone. In order to improve the enthusiasm of employees, listed companies will choose to buy back shares.
Stock is a part of the ownership of a joint-stock company and a certificate of ownership issued by a joint-stock company. It is a kind of securities issued by a joint-stock company to all kinds of shareholders, as a shareholding certificate to obtain dividends and bonuses. Stocks are long-term credit instruments in the capital market and can be transferred and traded. With it, shareholders can share the company's profits, but also bear the risks brought by the company's business mistakes.
Each share represents the shareholder's ownership of the basic unit of the enterprise. Every listed company will issue shares.
Every stock in the same category represents the equal ownership of the company. The share of ownership of the company owned by each shareholder depends on the proportion of shares held by each shareholder to the total share capital of the company.
Stock is an integral part of the capital of a joint-stock company and can be transferred and traded. It is the main long-term credit tool in the capital market, but the company cannot be required to return its capital contribution.
The trading hours of most stocks are:
The trading time is 4 hours, which is divided into two periods: Monday to Friday from 9:30 am to 1 1:30, and in the afternoon from 13:00 to 15:00.
From 9: 00 am15 am, investors can place orders, and the entrusted price is limited to10% of the closing price of the previous trading day, that is, between the daily limit and the daily limit.
Orders entrusted before 9:25 am are matched at 9:25 am, and the price obtained is the so-called "opening price". Orders placed between 9:25 and 9:30 were not processed until 9:30.
If the price you entrust cannot be concluded on the current trading day, you must re-register the order every other trading day.
Rest day: Trading is not allowed on Saturdays, Sundays and rest days announced by Shanghai Stock Exchange. (Generally, it is the national legal holidays such as May 1 International Labor Day, National Day, Spring Festival, New Year's Day, Tomb-Sweeping Day, Dragon Boat Festival and Mid-Autumn Festival).
There is a commission (handling fee) for buying and selling stocks. The commission for buying and selling stocks is determined by each securities company (the maximum is 3 ‰ of the transaction amount, and the minimum is not limited. The lower the better). Generally 0.05% of the transaction amount. If the commission is insufficient, 5 yuan will be charged to 5 yuan. Stamp duty is charged for buying and selling stocks: one thousandth of the transaction amount (it used to be 3‰, and the stamp duty was lowered in 2008, and one thousandth was charged unilaterally).