HSBC Holdings ( (GB:HSBA) ) has shared an announcement.
HSBC Holdings plc announced the repurchase and cancellation of 3.4 million ordinary shares as part of its ongoing share buy-back program initiated in February 2025. This move, involving transactions on both the London and Hong Kong stock exchanges, reflects HSBC’s strategy to manage its capital structure and return value to shareholders, impacting its share capital and potentially influencing market perceptions.
More about HSBC Holdings
HSBC Holdings plc is a global banking and financial services organization headquartered in London, United Kingdom. It operates in various financial sectors, offering services such as personal, commercial, and investment banking, as well as wealth management. HSBC is listed on multiple stock exchanges, including those in London and Hong Kong, and serves a diverse international clientele.
YTD Price Performance: -3.22%
Average Trading Volume: 28,327,015
Technical Sentiment Signal: Sell
Current Market Cap: £134.6B
Learn more about HSBA stock on TipRanks’ Stock Analysis page.