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HSBC Holdings ( (GB:HSBA) ) has issued an announcement.
HSBC Holdings plc announced the repurchase and cancellation of a significant number of its ordinary shares as part of a buy-back program initiated in May 2025. The transaction involved purchasing shares from Morgan Stanley & Co. International plc across various venues, including the London Stock Exchange and the Hong Kong Stock Exchange. This strategic move, amounting to approximately US$1,806.8 million, aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation. The cancellation of shares is expected to impact the company’s issued ordinary share capital and voting rights, with further updates to be provided as the process progresses.
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 financial sectors, offering a wide range of services including personal, commercial, and investment banking, as well as wealth management. HSBC is listed on multiple stock exchanges, including the Hong Kong Stock Exchange and the London Stock Exchange, reflecting its significant market presence and focus on international financial markets.
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