tiprankstipranks
HSBC Holdings Executes Major Share Buyback Program
Company Announcements

HSBC Holdings Executes Major Share Buyback Program

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

Don't Miss Our Christmas Offers:

HSBC Holdings has repurchased over 100 million of its own shares, amounting to approximately USD 917.1 million, as part of its buy-back program announced earlier. The transactions were conducted across various exchanges, including the London and Hong Kong Stock Exchanges, with a combined purchase of over 3.8 million shares on November 18, 2024. This strategic move is likely aimed at enhancing shareholder value by reducing the total number of shares in circulation.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App