HSBC Holdings (GB:HSBA) has released an update.
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HSBC Holdings plc has recently purchased and cancelled several million of its own shares, with transactions on UK Venues and the Hong Kong Stock Exchange as part of an ongoing buy-back program announced in August 2024. The repurchases amount to a total consideration of approximately US$1.49 billion, and following the cancellation, HSBC’s issued share capital will be reduced to 18,347,499,817 ordinary shares with voting rights.
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