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HSBC Holdings Executes Multi-Billion Share Buy-Back
Company Announcements

HSBC Holdings Executes Multi-Billion Share Buy-Back

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

HSBC Holdings plc has announced the repurchase of 2.5 million of its ordinary shares for cancellation, at prices ranging from HK$66.80 to HK$67.35 per share, as part of its share buy-back program that began on May 7, 2024. The total cost of shares repurchased since the start of the program has reached approximately US$ 2.94 billion. The company confirms that following the cancellation of these shares, there will be 18,518,135,661 ordinary shares with voting rights in issuance.

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

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