HSBC Holdings ( (GB:HSBA) ) has provided an update.
HSBC Holdings plc has executed a share buy-back program, purchasing over 6 million of its ordinary shares from UK and Hong Kong stock exchanges. This move is part of a larger buy-back initiative announced in February 2025, which has seen the repurchase of over 61 million shares for approximately $706.8 million. The cancellation of these shares will adjust the company’s issued share capital, impacting shareholder voting rights and potentially influencing market perceptions of the company’s financial health.
More about HSBC Holdings
HSBC Holdings plc is a leading global financial services company, primarily engaged in banking and financial services. It operates across various markets, focusing on commercial banking, global banking and markets, wealth and personal banking, and global private banking.
YTD Price Performance: 11.60%
Average Trading Volume: 25,740,207
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £156B
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