Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
HSBC Holdings ( (GB:HSBA) ) has provided an announcement.
HSBC Holdings plc announced a significant transaction involving the repurchase and cancellation of its ordinary shares as part of a buy-back program initiated on 31 July 2025. The company purchased over 2.6 million shares across UK and Hong Kong exchanges, with a total buy-back since July amounting to approximately US$947.2 million. This move is expected to impact the company’s share capital and voting rights, with further announcements pending regarding the cancellation of shares repurchased in Hong Kong.
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 personal, commercial, and investment banking, as well as wealth management. HSBC has a significant market presence in Europe, Asia, the Americas, the Middle East, and Africa.
Find detailed analytics on HSBA stock on TipRanks’ Stock Analysis page.