HSBC Holdings (GB:HSBA) has released an update.
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HSBC Holdings has executed a large-scale share buy-back, purchasing over 214 million ordinary shares for nearly $2 billion since October 2024. The buy-back involved transactions across major exchanges, including the London and Hong Kong Stock Exchanges, with a focus on enhancing shareholder value. This move will adjust HSBC’s issued share capital, reflecting the cancellations of repurchased shares.
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