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HSBC Holdings ( (GB:HSBA) ) has issued an update.
HSBC Holdings plc announced the repurchase and cancellation of its ordinary shares as part of a buy-back program initiated on 6 May 2025. On 4 July 2025, the company purchased 267,494 shares on UK venues and 333,600 shares on the Hong Kong Stock Exchange, with the total repurchase since the program’s commencement reaching approximately US$2,326.5 million. This strategic move aims to optimize the company’s capital structure and enhance shareholder value by reducing the number of shares in circulation, which may positively impact earnings per share and investor confidence.
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, offering a wide range of products including personal, commercial, and investment banking services, as well as wealth management and insurance solutions. HSBC has a significant market presence across Europe, Asia, the Americas, the Middle East, and Africa, serving millions of customers worldwide.
See more insights into HSBA stock on TipRanks’ Stock Analysis page.