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HSBC Holdings Executes Major Share Buy-Back Initiative
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HSBC Holdings Executes Major Share Buy-Back Initiative

HSBC Holdings (GB:HSBA) has released an update.

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HSBC Holdings has completed a significant share buy-back, purchasing over 177 million ordinary shares since October 2024 for approximately $1.63 billion. This move, involving transactions on both UK and Hong Kong stock exchanges, is part of HSBC’s strategy to enhance shareholder value by reducing the number of shares in circulation. Investors can expect further updates as the cancellation process progresses, impacting the company’s share capital and voting rights.

For further insights into GB:HSBA stock, check out TipRanks’ Stock Analysis page.

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