HSBC Holdings ( (GB:HSBA) ) just unveiled an update.
HSBC Holdings plc announced the repurchase and cancellation of a substantial number of its ordinary shares as part of a buy-back program initiated in February 2025. This transaction involved purchasing shares on both the London and Hong Kong stock exchanges, with a total of 73,575,431 shares repurchased for approximately US$840.6 million. The buy-back is expected to impact the company’s share capital and voting rights, with further announcements pending for the cancellation of shares on the Hong Kong Stock Exchange.
More about HSBC Holdings
HSBC Holdings plc is a global banking and financial services organization headquartered in London, United Kingdom. It operates in various financial sectors, offering services such as retail banking, commercial banking, investment banking, and wealth management. HSBC is a prominent player in the global financial market, with a significant presence in both the UK and Hong Kong stock exchanges.
YTD Price Performance: 8.85%
Average Trading Volume: 26,061,587
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £152.1B
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