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The latest update is out from HSBC Holdings ( (GB:HSBA) ).
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 66 million shares, totaling approximately $767.5 million, from both UK and Hong Kong stock exchanges. This strategic move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value. The cancellation of these shares will adjust the company’s share capital, impacting voting rights and shareholding calculations.
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 both the UK and international markets, with a focus on Asia, Europe, and the Americas.
Learn more about HSBA stock on TipRanks’ Stock Analysis page.
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