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The latest update is out from HSBC Holdings ( (GB:HSBA) ).
HSBC Holdings plc announced the repurchase and cancellation of its ordinary shares as part of a buy-back program initiated on July 31, 2025. The company has repurchased a total of 59,596,989 shares, amounting to approximately US$751.8 million. This strategic move aims to optimize the company’s capital structure and potentially enhance shareholder value. The cancellation of shares will adjust the company’s issued ordinary share capital, impacting voting rights and shareholding calculations.
More about HSBC Holdings
HSBC Holdings plc is a leading global financial services organization, providing a wide range of banking and financial services. The company operates in various markets worldwide, focusing on commercial banking, global banking and markets, and wealth and personal banking.
For detailed information about HSBA stock, go to TipRanks’ Stock Analysis page.