HSBC Holdings (GB:HSBA) has released an update.
HSBC Holdings has repurchased 5,708,491 of its ordinary shares on UK markets and 4,427,600 on the Hong Kong Stock Exchange as part of a buy-back program. The buy-back, initiated on October 30, 2024, has seen HSBC repurchase a total of 93,728,646 shares valued at approximately $854.3 million. This move reduces the company’s total ordinary shares to 18,090,543,906, highlighting HSBC’s strategic efforts to enhance shareholder value.
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