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HSBC Holdings ( (GB:HSBA) ) has issued an announcement.
HSBC Holdings PLC announced the repurchase and cancellation of 3,219 ordinary shares as part of its ongoing buy-back program, initially announced on May 6, 2025. This transaction is part of a larger effort, with a total of 198,057,239 shares repurchased for approximately US$2,311.3 million, aimed at reducing the company’s share capital and potentially increasing shareholder value. The completion of these transactions impacts the company’s issued ordinary share capital, now consisting of 17,477,810,898 shares with voting rights, and reflects HSBC’s strategic financial management to enhance shareholder returns.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £8.40 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
Spark’s Take on GB:HSBA Stock
According to Spark, TipRanks’ AI Analyst, GB:HSBA is a Outperform.
HSBC’s overall score is driven by strong financial performance and strategic initiatives highlighted in its earnings call. Technical indicators support a positive outlook, and valuation metrics suggest the stock is attractively priced. Corporate events further enhance investor confidence.
To see Spark’s full report on GB:HSBA stock, click here.
More about HSBC Holdings
HSBC Holdings PLC is a multinational banking and financial services organization, primarily offering a range of financial products and services including personal, commercial, and investment banking. It is one of the largest banks in the world, with a significant market presence in Europe, Asia, the Americas, and the Middle East.
Average Trading Volume: 25,678,608
Technical Sentiment Signal: Buy
Current Market Cap: £152.2B
For a thorough assessment of HSBA stock, go to TipRanks’ Stock Analysis page.