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HSBC Holdings ( (GB:HSBA) ) has issued an announcement.
HSBC Holdings plc announced the repurchase and cancellation of 700,000 of its ordinary shares as part of its ongoing share buy-back program. This transaction, conducted through Merrill Lynch International, is part of a larger buy-back initiative that has seen the company repurchase over 178 million shares since February 2025, reflecting a significant capital management strategy aimed at enhancing shareholder value.
More about HSBC Holdings
HSBC Holdings plc is a global banking and financial services organization headquartered in London, United Kingdom. It operates in various markets worldwide, offering a range of services including retail banking, commercial banking, investment banking, and wealth management.
YTD Price Performance: 0.47%
Average Trading Volume: 30,191,638
Technical Sentiment Signal: Sell
Current Market Cap: £139.4B
See more insights into HSBA stock on TipRanks’ Stock Analysis page.