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