Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
HSBC Holdings ( (GB:HSBA) ) has issued an update.
HSBC Holdings plc has announced the purchase and cancellation of its ordinary shares as part of a buy-back program initiated on May 6, 2025. This transaction, involving over 139 million shares for a total of approximately $1.624 billion, aims to optimize the company’s capital structure and potentially enhance shareholder value. The repurchase was conducted across multiple stock exchanges, including the London Stock Exchange and the Hong Kong Stock Exchange, and will affect the company’s issued share capital and voting rights.
More about HSBC Holdings
HSBC Holdings plc is a global banking and financial services organization headquartered in London, United Kingdom. It operates in various sectors including retail banking, commercial banking, investment banking, and wealth management, serving a wide range of customers worldwide.
For an in-depth examination of HSBA stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue