HSBC Holdings (GB:HSBA) has released an update.
HSBC Holdings PLC has purchased 3,821,434 of its own shares for cancellation at a volume weighted average price of £6.9093 per share, as part of its share buy-back program announced on May 7, 2024. This recent transaction is part of a larger buy-back, where HSBC has acquired over 257 million shares for around US$2.25 billion. The buy-back affects the company’s issued share capital, which will stand at 18,609,409,374 ordinary shares with voting rights following the cancellation.
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