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HSBC Holdings ( (GB:HSBA) ) has provided an update.
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 on 6 May 2025. The company purchased 613,543 shares on UK venues and 1,222,000 shares on the Hong Kong Stock Exchange, with the total buy-back amounting to approximately US$2,390.0 million. This move is expected to impact the company’s share capital and voting rights, with further announcements to follow regarding the cancellation of shares repurchased in Hong Kong.
More about HSBC Holdings
HSBC Holdings plc is a multinational banking and financial services organization headquartered in London, United Kingdom. It operates in the financial industry, offering a wide range of services including personal, commercial, and investment banking, as well as wealth management. HSBC is listed on various stock exchanges and has a significant market presence globally.
Find detailed analytics on HSBA stock on TipRanks’ Stock Analysis page.