tiprankstipranks
HSBC Holdings’ Major Share Buy-Back Initiative
Company Announcements

HSBC Holdings’ Major Share Buy-Back Initiative

HSBC Holdings (GB:HSBA) has released an update.

Don't Miss our Black Friday Offers:

HSBC Holdings has repurchased over 127 million of its ordinary shares for approximately $1.157 billion as part of its ongoing buy-back program. On November 22, 2024, the company bought a total of 9,906,424 shares across both UK and Hong Kong exchanges. This strategic move aims to bolster shareholder value by reducing the number of shares in circulation.

For further insights into GB:HSBA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskHSBC Holdings Advances with Share Buy-Back Strategy
TheFlySwvl secures sustainable finance with HSBC
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App