HSBC Holdings (GB:HSBA) has released an update.
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HSBC Holdings has announced the repurchase and cancellation of over 2.5 million ordinary shares as part of its ongoing buy-back program, totaling approximately $1.74 billion since late October. The transactions took place on both the London and Hong Kong stock exchanges, with shares purchased at varying prices. This strategic move aims to optimize the company’s capital structure and potentially enhance shareholder value.
For further insights into GB:HSBA stock, check out TipRanks’ Stock Analysis page.
