HSBC Holdings (GB:HSBA) has released an update.
HSBC Holdings plc has announced the repurchase and cancellation of a significant number of its ordinary shares, as part of its share buy-back program initiated on August 1, 2024. The company bought shares through the London Stock Exchange, Cboe Europe Limited, Turquoise, and the Hong Kong Stock Exchange, with the repurchases amounting to a total consideration of approximately US$605.9 million to date. Following the cancellations, the company’s issued share capital will be adjusted, and further updates will be provided once additional shares are cancelled on the Hong Kong Stock Exchange.
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