HSBC Holdings (GB:HSBA) has released an update.
HSBC Holdings plc has recently engaged in a share buy-back, purchasing and cancelling millions of shares to enhance shareholder value. On July 9, 2024, the company bought back over 11 million shares from various exchanges, with the price per share ranging from £6.6350 to £6.7170 in the UK, and HK$66.5000 to HK$67.0000 in Hong Kong. This move is part of a larger buy-back program announced earlier in May, which has seen the company repurchase a total of 307.7 million shares for around US$2.7 billion.
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