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HSBC Holdings ( (GB:HSBA) ) has provided an announcement.
HSBC Holdings plc announced the repurchase and cancellation of over 2.9 million ordinary shares as part of its ongoing buy-back program initiated on 31 July 2025. This transaction, involving purchases on both the London and Hong Kong stock exchanges, is part of a broader strategy to manage its capital structure and potentially enhance shareholder value. Since the start of the buy-back program, HSBC has repurchased a total of 112,968,133 shares, reflecting a significant financial commitment of approximately US$1,443.1 million. The cancellation of these shares will adjust the company’s share capital, impacting voting rights and potentially influencing shareholder interest calculations.
More about HSBC Holdings
HSBC Holdings plc is a major global banking and financial services organization, headquartered in London, United Kingdom. It offers a range of services including personal, commercial, and investment banking, as well as wealth management. HSBC is focused on serving customers worldwide, with a strong presence in both developed and emerging markets.
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