HSBC Holdings (GB:HSBA) has released an update.
HSBC Holdings plc announced the purchase and cancellation of over 2.6 million of its ordinary shares as part of its ongoing buy-back program, with transactions conducted on both the London and Hong Kong stock exchanges. The buy-back aims to reduce the company’s share capital, thus potentially enhancing shareholder value. Since August 2024, HSBC has repurchased a total of approximately $2.89 billion worth of shares.
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