HSBC Holdings Executes Share Buy-back
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HSBC Holdings Executes Share Buy-back

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

HSBC Holdings plc has announced a share buy-back, purchasing 2,747,200 of its own ordinary shares from Morgan Stanley for cancellation. The transaction, part of a buy-back program announced on May 7, 2024, involved shares bought at a volume weighted average price of HK$67.2195, with the highest and lowest prices being HK$67.5000 and HK$66.9000 respectively. After the cancellation of these shares, the remaining issued share capital of HSBC consists of 18,546,354,461 ordinary shares with voting rights.

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

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