HSBC Holdings Executes Major Share Buyback
Company Announcements

HSBC Holdings Executes Major Share Buyback

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

HSBC Holdings plc has announced the buyback and cancellation of 868,487 ordinary shares at prices ranging between £6.6490 and £6.6980 per share from UK venues and 2,747,200 shares at prices between HK$66.4500 and HK$67.0000 from the Hong Kong Stock Exchange as part of their ongoing share repurchase program initiated on May 7, 2024. Following the buybacks, HSBC’s total issued share capital stands at 18,546,354,461 ordinary shares, and the company has spent approximately US$2.722 billion since the buyback program began. Shareholders can use the updated total share count as the denominator for calculations related to their interest notifications or changes.

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

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