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HSBC Holdings ( (GB:HSBA) ) just unveiled an update.
HSBC Holdings plc announced the repurchase and cancellation of a substantial number of its ordinary shares as part of a buy-back program initiated in May 2025. The transaction involved purchasing shares on both the London and Hong Kong stock exchanges, with a total of 201,203,677 shares repurchased for approximately US$2,349.4 million. This move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value by reducing the number of shares in circulation.
More about HSBC Holdings
HSBC Holdings plc is a major global banking and financial services organization headquartered in London, United Kingdom. It operates in various segments including retail banking, wealth management, commercial banking, and global banking and markets, with a significant presence in both the UK and Hong Kong markets.
Learn more about HSBA stock on TipRanks’ Stock Analysis page.