tiprankstipranks
HSBC Advances Share Buy-Back Program
Company Announcements

HSBC Advances Share Buy-Back Program

HSBC Holdings (GB:HSBA) has released an update.

HSBC Holdings plc has continued its share buy-back program, purchasing 2,164,800 of its ordinary shares for cancellation through Morgan Stanley on the Hong Kong Stock Exchange. The buy-back, part of a program announced on 7 May 2024, has reached a total of 325,120,399 shares repurchased at a cost of approximately US$2.841.9m. After the cancellation of previously repurchased shares, HSBC’s total issued share capital now stands at 18,518,135,661 ordinary shares.

For further insights into GB:HSBA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskHSBC Announces Georges Elhedery as New CEO
TipRanks HongKong Auto-Generated NewsdeskHSBC Holdings Advances Share Buy-Back Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!