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HSBC Holdings ( (GB:HSBA) ) has issued an announcement.
HSBC Holdings plc announced the repurchase and cancellation of 3,715,824 ordinary shares as part of its 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 enhance shareholder value. Since the start of the buy-back, HSBC has repurchased a total of 108,452,996 shares, amounting to approximately US$1,382.4 million. The cancellation of these shares will adjust the company’s issued ordinary share capital, affecting the voting rights and shareholding calculations for stakeholders.
More about HSBC Holdings
HSBC Holdings plc is a global financial services company headquartered in London, United Kingdom. It operates in the banking and financial services industry, providing a wide range of services including retail banking, commercial banking, investment banking, and wealth management. HSBC has a significant presence in both developed and emerging markets, with a focus on Asia, Europe, and the Americas.
Learn more about HSBA stock on TipRanks’ Stock Analysis page.