Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
HSBC Holdings ( (GB:HSBA) ) has provided an announcement.
HSBC Holdings has announced the repurchase and cancellation of 3,793,287 ordinary shares, valued at approximately US$42.3 million, as part of its previously announced buy-back program. This strategic move, involving transactions on both the London and Hong Kong Stock Exchanges, aims to optimize capital structure and enhance shareholder value, impacting the total voting rights and share capital of the company.
More about HSBC Holdings
HSBC Holdings plc is a leading global bank headquartered in London, United Kingdom. The company provides a wide range of financial services including personal, commercial, and investment banking, with a significant presence in both the UK and Asian markets.
YTD Price Performance: 12.03%
Average Trading Volume: 23,372,025
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £156.8B
For detailed information about HSBA stock, go to TipRanks’ Stock Analysis page.
