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An announcement from HSBC Holdings ( (GB:HSBA) ) is now available.
HSBC Holdings plc has announced the repurchase and cancellation of a significant number of its ordinary shares as part of a buy-back program initiated earlier in May 2025. The company has repurchased over 80 million shares for approximately US$934.5 million, impacting its share capital and potentially enhancing shareholder value by reducing the number of shares in circulation.
More about HSBC Holdings
HSBC Holdings plc is a multinational banking and financial services organization headquartered in London, United Kingdom. It provides a wide range of financial products and services, including personal, commercial, and investment banking, as well as wealth management. HSBC operates globally with a strong presence in both developed and emerging markets.
For a thorough assessment of HSBA stock, go to TipRanks’ Stock Analysis page.
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