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HSBC Holdings ( (GB:HSBA) ) has issued an update.
HSBC Holdings plc has announced the purchase and cancellation of a significant number of its ordinary shares as part of a buy-back program initiated in May 2025. This transaction, involving over 9.6 million shares purchased across UK and Hong Kong exchanges, is part of a larger effort that has seen the company repurchase over 126 million shares, totaling approximately US$1.474 billion. The buy-back is expected to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
More about HSBC Holdings
HSBC Holdings plc is a global banking and financial services organization headquartered in London, United Kingdom. It offers a wide range of financial products and services including retail banking, wealth management, commercial banking, and global banking and markets. HSBC operates in various markets worldwide, focusing on providing comprehensive financial solutions to individuals, businesses, and institutions.
For an in-depth examination of HSBA stock, go to TipRanks’ Stock Analysis page.
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