HSBC Holdings (GB:HSBA) has released an update.
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HSBC Holdings has repurchased over 166 million of its ordinary shares for approximately $1.52 billion, as part of its ongoing buy-back program initiated in October 2024. The recent transactions took place on both the London and Hong Kong stock exchanges, reflecting the company’s strategic financial maneuvers to optimize its capital structure. With the cancellation of these shares, HSBC’s total issued ordinary share capital now consists of nearly 18 billion shares with voting rights.
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