HSBC Holdings (GB:HSBA) has released an update.
HSBC Holdings PLC has recently bought back 4,501,683 of its own ordinary shares at prices ranging from £6.5930 to £6.7330 per share, with the average price being £6.6643, as part of a share repurchase program announced on August 1, 2024. The transaction, involving a total cash outlay of approximately US$2.267.7 million since the start of the program, will lead to a reduction in the company’s issued share capital to 18,266,733,255 ordinary shares. The buy-back took place on UK Venues, with no shares repurchased on the Hong Kong Stock Exchange.
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