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The latest announcement is out from HSBC Holdings ( (GB:HSBA) ).
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 May 6, 2025. The transaction involved purchasing shares from Morgan Stanley & Co. International plc, with a total of 28,528,002 ordinary shares repurchased for approximately US$321.7 million. This move is expected to impact the company’s share capital structure, with the current issued ordinary share capital consisting of 17,638,348,535 ordinary shares with voting rights. The buy-back is part of HSBC’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about HSBC Holdings
HSBC Holdings plc is a multinational banking and financial services organization headquartered in London, United Kingdom. It operates in various financial sectors, providing services such as retail banking, commercial banking, investment banking, and wealth management. HSBC is a significant player in the global financial market, with a strong presence in both the UK and Hong Kong stock exchanges.
For detailed information about HSBA stock, go to TipRanks’ Stock Analysis page.
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