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The latest announcement is out from HSBC Holdings ( (GB:HSBA) ).
HSBC Holdings plc announced the repurchase and cancellation of a significant number of its ordinary shares as part of a buy-back program initiated on May 6, 2025. This transaction involved the purchase of shares on both the London and Hong Kong stock exchanges, with a total of 56,808,563 shares repurchased for approximately US$649.7 million. The buy-back is part of HSBC’s strategy to manage its capital structure and return value to shareholders, impacting the company’s share capital and potentially influencing shareholder interests.
More about HSBC Holdings
HSBC Holdings plc is a multinational banking and financial services organization headquartered in London, United Kingdom. It operates in various markets worldwide, offering a range of financial products and services including personal, commercial, and investment banking. HSBC is listed on multiple stock exchanges and is known for its significant presence in both the UK and Hong Kong markets.
For an in-depth examination of HSBA stock, go to TipRanks’ Stock Analysis page.
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