HSBC Executes Major Share Buy-Back Program
Company Announcements

HSBC Executes Major Share Buy-Back Program

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

HSBC Holdings has announced a significant share buy-back, purchasing over 2 million shares from UK and Hong Kong stock exchanges as part of its ongoing buy-back program. The total repurchased shares since the program’s start amount to nearly 340 million, valued at approximately $2.95 billion. This move is expected to impact the company’s share capital structure, with further updates pending on voting rights after share cancellations.

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

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