HSBC Holdings (GB:HSBA) has released an update.
HSBC Holdings plc has continued its share buy-back program, purchasing and subsequently cancelling millions of its ordinary shares as announced previously on May 7, 2024. The recent transaction involved acquiring shares from Morgan Stanley on the UK and Hong Kong stock exchanges at varying prices, with a total spend of approximately $1.96 billion for the entire program to date. Post-cancellation, the company’s issued share capital is now confirmed at 18,629,110,645 ordinary shares, with further updates expected after additional cancellations on the Hong Kong Stock Exchange.
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