HSBC Holdings (GB:HSBA) has released an update.
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HSBC Holdings plc has repurchased a significant amount of its own shares, totaling over 71 million, as part of a buy-back initiative, investing approximately $653.4 million in the process. This strategic move, executed across both UK and Hong Kong stock exchanges, aims to optimize the company’s capital structure and enhance shareholder value. Following these transactions, HSBC’s ordinary share capital now consists of over 18 billion shares with voting rights.
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