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HSBC Holdings ( (GB:HSBA) ) just unveiled an update.
HSBC Holdings plc has announced the repurchase and cancellation of its ordinary shares as part of a buy-back program initiated in May 2025. The company purchased 4,828,760 shares on UK venues and 3,265,600 shares on the Hong Kong Stock Exchange, with the total buy-back amounting to approximately US$2,122.0 million. This move is expected to impact the company’s share capital and voting rights, with further announcements pending the cancellation of shares repurchased in Hong Kong.
More about HSBC Holdings
HSBC Holdings plc is a major global banking and financial services organization, headquartered in London, United Kingdom. It offers a wide range of services including personal, commercial, and investment banking, as well as wealth management. HSBC operates in various markets worldwide, with a strong presence in both the UK and Hong Kong.
Learn more about HSBA stock on TipRanks’ Stock Analysis page.