An update from HSBC Holdings ( (GB:HSBA) ) is now available.
HSBC Holdings plc has announced the repurchase and cancellation of its ordinary shares as part of a buy-back program initiated on 20 February 2025. On 27 March 2025, HSBC purchased a total of 4,005,689 shares from UK and Hong Kong venues, with a combined total of 129,049,590 shares repurchased since the program’s commencement, amounting to approximately US$1,470.1 million. This strategic move is expected to impact the company’s share capital structure, with the current issued ordinary share capital consisting of 17,748,523,001 shares with voting rights. The buy-back is part of HSBC’s efforts to optimize its capital structure and enhance shareholder value.
More about HSBC Holdings
HSBC Holdings plc is a global banking and financial services organization headquartered in London, United Kingdom. It offers a wide range of financial products and services, including personal, commercial, and investment banking, wealth management, and insurance. The company operates across various markets worldwide, with a significant presence in both the UK and Hong Kong.
YTD Price Performance: 14.06%
Average Trading Volume: 27,427,544
Technical Sentiment Signal: Sell
Current Market Cap: £159B
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