HSBC Holdings ( (GB:HSBA) ) has provided an announcement.
HSBC Holdings plc announced the repurchase and cancellation of a significant number of its ordinary shares as part of its ongoing buy-back program. This transaction, involving purchases on both the London and Hong Kong stock exchanges, reflects HSBC’s strategic focus on optimizing its capital structure and delivering value to shareholders. The buy-back program, which began in February 2025, has seen the repurchase of over 171 million shares, highlighting the company’s commitment to enhancing shareholder returns.
More about HSBC Holdings
HSBC Holdings plc is a leading global financial services company, incorporated in England and Wales, with its registered and group head office located in London, United Kingdom. It provides a wide range of banking and financial services, including personal, commercial, and investment banking, serving a diverse clientele across various markets worldwide.
YTD Price Performance: -0.23%
Average Trading Volume: 29,562,994
Technical Sentiment Signal: Sell
Current Market Cap: £136.3B
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