HSBC Holdings ( (GB:HSBA) ) has shared an announcement.
HSBC Holdings plc announced the repurchase and cancellation of 1,900,000 ordinary shares as part of its ongoing buy-back program. This transaction, conducted on UK venues, is part of a larger buy-back effort initiated in February 2025, which has seen the repurchase of over 149 million shares, reflecting the company’s strategy to manage its capital structure and enhance shareholder value.
More about HSBC Holdings
HSBC Holdings plc is a multinational banking and financial services organization, headquartered in London, United Kingdom. It operates in various financial sectors, offering services such as personal banking, commercial banking, global banking, and markets. HSBC is known for its extensive global network and focus on emerging markets.
YTD Price Performance: -3.22%
Average Trading Volume: 28,186,397
Technical Sentiment Signal: Sell
Current Market Cap: £134.6B
See more insights into HSBA stock on TipRanks’ Stock Analysis page.