HSBC Holdings Continues Aggressive Share Buy-Back
Company Announcements

HSBC Holdings Continues Aggressive Share Buy-Back

HSBC Holdings (GB:HSBA) has released an update.

HSBC Holdings has repurchased over 341 million of its ordinary shares for nearly $3 billion since August 2024, as part of its ongoing buy-back program. The recent transactions on October 23, 2024, involved over 2 million shares purchased on both the London and Hong Kong stock exchanges. This move aims to streamline the company’s share capital and potentially enhance shareholder value.

For further insights into GB:HSBA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskHSBC Holdings’ Bold Buy-back Boosts Shareholder Value
TheFlyHSBC price target raised to 830 GBp from 825 GBp at Deutsche Bank
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App