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An update from HSBC Holdings ( (GB:HSBA) ) is now available.
HSBC Holdings plc announced the cancellation of 19,161,600 ordinary shares on 12 February 2025, which were previously repurchased on the Hong Kong Stock Exchange as part of a buy-back program. Following this cancellation, the total number of voting rights in the company is now 17,835,854,213, which shareholders can use to assess changes in their interests according to regulatory guidelines. This move reflects HSBC’s ongoing efforts to manage its capital structure effectively and may impact shareholder decisions and market perceptions.
More about HSBC Holdings
HSBC Holdings plc is a global banking and financial services organization based in London, United Kingdom. It offers a range of financial services, including personal, commercial, and investment banking, as well as wealth management. The company is focused on connecting customers to global opportunities while maintaining a strong presence in key financial markets worldwide.
YTD Price Performance: 11.50%
Average Trading Volume: 23,313,607
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £154.7B
Learn more about HSBA stock on TipRanks’ Stock Analysis page.
