HSBC Holdings (GB:HSBA) has released an update.
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HSBC Holdings PLC has continued its share buy-back program, purchasing and cancelling millions of shares on both UK and Hong Kong stock exchanges, with a total spend of approximately $552.5 million since the program’s announcement. The latest transactions included nearly 3.7 million shares on UK venues and over 2.4 million shares on the Hong Kong Stock Exchange. Following these repurchases, the company’s issued voting share capital will be reduced, impacting shareholders’ percentage holdings.
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