HSBC Holdings (GB:HSBA) has released an update.
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HSBC Holdings plc has reported the purchase and subsequent cancellation of a substantial number of its shares, with transactions occurring in both UK and Hong Kong markets on September 11, 2024. Following these transactions, the company’s issued share capital will consist of over 18 billion ordinary shares with voting rights. This move is part of a share buy-back program that began on August 1, 2024, with HSBC spending approximately US$1.39 billion to repurchase shares.
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