HSBC Holdings (GB:HSBA) has released an update.
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HSBC Holdings plc has recently carried out a share buy-back, purchasing ordinary shares for cancellation on both UK and Hong Kong stock exchanges, with the total number of shares bought back since the announcement reaching over 122 million at a cost of roughly US$1.03 billion. The repurchase is expected to affect the company’s issued share capital, which will be updated following the cancellation of the Hong Kong shares.
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